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Moody’s revises Nord Anglia view to negative
Moody’s Investors Service said it revised the outlook for Nord Anglia Education, Inc. and Fugue Finance BV to negative from stable.
Moody’s cited the slower-than-expected improvement in Nord Anglia’s financial leverage for the change in outlook.
Concurrently, Moody's affirmed Nord Anglia’ B2 corporate family rating and the B1 senior secured rating on the term loan facility at Fugue Finance.
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