06.03.2014 23:43:00

Catamaran Corporation -- Moody's assigns Ba3 to Catamaran's new sr unsecured notes; sr. bank debt upgraded to Ba1; Ba2 CFR affirmed

New York, March 06, 2014 -- Moody's Investors Service assigned a Ba3 rating to Catamaran Corporation's new $500 million senior unsecured note offering. Moody's also raised the company's secured bank debt to Ba1, LGD-3, 31% from Ba2, LGD-3, 32%. At the same time, Moody's affirmed the Ba2 Corporate Family Rating and the Speculative Grade Liquidity Rating of SGL-1. The rating outlook is stable.

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