Moody’s: Ancestry.com unaffected by dividend

Moody's Investors Service said that while Ancestry.com Inc.'s (B2, stable) dividend increase is a credit negative, the change in the proposed capital structure will modestly improve liquidity.

The B2 corporate family rating, SGL-2 speculative grade liquidity rating, B1-first lien ratings and Caa1 second-lien rating on the proposed debt, and the stable outlook, are all unaffected by the changes.

The ratings on the existing debt facilities are also unchanged and will be withdrawn at closing of the refinancing as previously planned.

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