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Moody’s revises AmeriLife to positive
Moody's Investors Service said it affirmed the B3 corporate family rating and B3-PD probability of default rating of AmeriLife Group, LLC, reflecting the company's position as a leading independent marketing organization in the distribution of health products to the U.S. senior market.
The agency also affirmed the company's first-lien term loan and revolver ratings at B2 and second-lien term loan rating at Caa2.
The outlook was changed to positive from stable based on the company's declining financial leverage, good EBITDA margins and healthy cash flow.
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