New York, August 21, 2013 -- Moody's Investors Service changed the rating outlook on Envision Healthcare Corporation ("Envision") to stable from negative. Concurrently, Moody's affirmed the B2 Corporate Family Rating and the B2-PD Probability of Default Rating. In addition, Moody's lowered Envision's senior secured term loan rating to B1 from Ba3 and the senior unsecured notes rating to Caa1 from B3. Moody's also affirmed the Caa1 senior PIK-Toggle notes rating at Envision Healthcare Holdings, Inc. and will withdraw the rating once the notes have been repaid.
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