12.06.2014 17:22:00

Chassix Inc. -- Moody's says that Chassix, Inc.'s proposed $25 million add-on to its 9.25% sr. sec. notes has no rating impact

New York, June 12, 2014 -- Moody's Investors Service commented that Chassix, Inc.'s proposed $25 million add-on to its $350 million 9.25% senior secured notes has no impact on the company's ratings, including the Caa1 corporate family rating or stable outlook. The proposed add-on also has no impact on the company's 9.25% senior secured operating company notes rated Caa1 or the Chassix Holdings, Inc.$150 million PIK toggle notes rated Caa3.

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