Affinity Gaming Corporation -- Moody's upgrades Affinity Gaming CFR to B1

New York, June 03, 2016 -- Moody's Investors Service, ("Moody's") upgraded Affinity Gaming Corporation's Corporate Family rating to B1 and affirmed the Probability of Default rating at B2-PD. Moody's assigned a B1 rating to Affinity's proposed 7 year senior secured term loan and 5 year revolving credit facilities. The proceeds will be used to refinance all of Affinity's existing debt obligations. Moody's affirmed the company's existing ratings all of which will be withdrawn upon closing of the proposed refinancing. The new ratings are subject to review of final terms and conditions.

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