New York, August 15, 2013 -- Moody's Investors Service today affirmed the ratings of Cetera Financial Group, Inc. (B3 senior term loan and B3 Corporate Family Rating) and changed the rating outlook to positive from stable. The rating agency also assigned a B3 rating to the firm's $25 million first-lien senior secured revolving credit facility. The positive outlook reflects the firm's reduced debt burden following the closing of a smaller debt recapitalization than originally planned when the ratings were first assigned on July 15, 2013.
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