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Moody's: MoneyGram unaffected
Moody's Investors Service said MoneyGram International, Inc.'s proposed $150 million increase of its first-lien senior credit facility will not impact the company's B1 corporate family rating.
While MoneyGram's total debt will not change materially, the agency said that the change in debt composition could result in the rating of the first-lien term loan being lowered from the current Ba1 rating.
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