18.04.2015 00:18:00

Access CIG, LLC -- Moody's says Access' upsized first lien term loan has no impact on ratings

New York, April 17, 2015 -- Moody's Investors Service said Access CIG LLC's ("Access") B3 Corporate Family Rating (CFR) and its instrument-level ratings are not affected by the announced $10 million increase of its upsized first lien term loan to a total of $402 million. While incremental cash is modestly positive for the company's liquidity, Moody's expects Access will continue to prioritize its cash flows and balance sheet cash for future tuck-in acquisitions and that leverage will remain high.

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