Moody's rates Kansas City Southern loan Baa3

Moody's Investors Service said it affirmed the corporate family ratings of Kansas City Southern de Mexico SA de CV at Ba1.

At the same time, the agency said it assigned a Baa3 rating to the company's amended $200 million senior secured credit facility.

The ratings have stable outlooks.

The company announced that it has entered into an agreement with lenders to amend its $200 million senior bank credit facility, extending its maturity by 14 months to November 2017.

The Baa3 rating on the revolver, which is one notch above the corporate family and senior unsecured notes ratings of Ba1, reflects the security pledged to this facility, which consists of accounts receivable and certain locomotives of the company and its subsidiaries, Moody's said.

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