Aspen Dental Management, Inc. -- Moody's rates Aspen Dental's proposed senior secured credit facilities B2; B2 CFR unchanged

New York, February 11, 2014 -- Moody's Investors Service assigned a B2 (LGD 3, 44%) rating to Aspen Dental Management Inc.'s ("Aspen") proposed senior secured credit facilities, including a $40 million senior secured revolving credit facility and a $330 million senior secured term loan B. Aspen's B2 Corporate Family Rating and B2-PD Probability of Default Rating remain unchanged. The rating outlook is stable. The proceeds from the proposed credit facilities will be used primarily to refinance outstanding debt under the company's existing credit facilities, add balance sheet cash, and pay fees and expenses associated with the transaction. Moody's will withdraw the ratings on the existing facility upon closing of the transaction.

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