New York, April 14, 2016 -- Moody's Investors Service upgraded Guitar Center, Inc.'s (GCI) Corporate Family Rating to B2 from B3. The company's Probability of Default rating was also upgraded, to B2-PD from B3-PD, along with the company's senior secured and senior unsecured ratings, to B2 and Caa1, respectively. Moody's withdrew the SGL-3 Speculative Grade Liquidity rating. The rating outlook is stable.
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