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Published on 8/1/2012 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's: Merrill unaffected

Moody's Investors Service said that Merrill Corp. entered into a credit agreement amendment that provides forbearance for certain events of default and extends the maturity of its revolver from July 20 to Dec. 22.

This is in line with the expectations outlined in Moody's issuer comment published on July 9 and Merrill's ratings remain unchanged, the agency said.


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