Moody's rates Garda notes B2

Moody's Investors Service said it assigned a B2 rating to Garda World Security Corp.'s proposed C$50 million senior unsecured add-on notes due 2017.

At the same time, Moody's affirmed Garda's B1 corporate family rating, B1 probability of default rating, B2 senior unsecured notes ratings and SGL-3 speculative-grade liquidity rating.

The Ba1 senior secured bank facility ratings of Garda's subsidiary, The Garda Security Group Inc. were also affirmed.

The outlook remains stable.

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