Moody's: American Capital unaffected

Moody's Investors Service said the notice of acceleration and subsequent forbearance by American Capital Ltd.'s private debt holders held no rating implications.

Additionally, $82 million of the company's private notes were due on Sept. 1, 2009 but were included in the forbearance agreement on Sept. 3. The company's apparent lack of timely payment of these notes did not impact the company's rating (Moody's does not rate American Capital's private notes).

American Capital is rated B2 with a negative outlook.

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