Moody’s changes Oxford Finance to stable

Moody's Investors Service said it affirmed Oxford Finance LLC's corporate family and senior unsecured rating at B1 and changed the outlook to stable from positive.

Moody’s said the outlook revision reflects a low probability of an upgrade before the transaction is consummated. An upgrade is also unlikely in the event the transaction does not close or all the debt is not redeemed, due to the uncertainty with respect to Oxford Finance's future ownership and capital structure, the agency added.

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