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Published on 9/13/2012 in the Prospect News High Yield Daily.

Moody's rates Ladder Capital Finance bonds Ba3

Moody's Investors Service said it assigned a Ba2 corporate family rating to Ladder Capital Finance Holdings LLLP

Moody's also assigned a Ba3 senior unsecured debt rating to the proposed bond offering to be co-issued by Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corp.

The agency said the ratings reflect Ladder's moderate leverage level, high-quality assets and strong profitability in recent years.


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