New York, December 04, 2015 -- Moody's Investors Service today placed Charter NEX US Holdings, Inc. (Charter NEX) rating, including its B2 corporate family rating, B2-PD probability of default rating, B1 rating for the first-lien revolver and first-lien term loan, and Caa1 rating for the second-lien term loan, on review for possible downgrade. The action follows the announcement of the acquisition of Optimum Plastics (Optimum). Optimum is a manufacturer of custom cast embossed and blown film structures used in the food, consumer products and industrial sectors.

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