21.10.2014 16:26:00
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IHS Inc. -- Moody's rates IHS Ba1; outlook stable
New York, October 21, 2014 -- Moody's Investors Service (Moody's) assigned a first-time Ba1 Corporate Family Rating (CFR) and a Ba1-PD Probability of Default Rating to IHS Inc (IHS) in connection with the company's proposed $500 million senior notes offering. The senior notes due in 2022 are also rated Ba1. Moody's also assigned a speculative grade liquidity rating of SGL-1 to IHS. The ratings outlook is stable. The net proceeds from the new notes will be used to refinance existing debt.