New York, September 15, 2016 -- Moody's Investors Service said Camelot UK Holdco Limited's (Holding Company for Intellectual Property & Science) proposed upsize of the term loan by $100 million and downsize of the senior unsecured note by the same amount has no impact on the ratings of the term loan (B2 LGD3), senior note (Caa2 LGD5), or the corporate family rating (B3 stable). The change in the proposed borrowing does not affect total leverage, but will result in slightly lower interest expense.

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