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WKN: A0ERWM / ISIN: US64126X2018

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07.01.2013 19:02:00

Neustar, Inc -- Moody's assigns Ba1 ratings to Neustar's senior credit facilities, Ba3 rating to notes

New York, January 07, 2013 -- Moody's Investors Service has assigned a Ba1 (LGD2-27%) rating to Neustar, Inc.'s ("Neustar" or "the Company") proposed $325 million Term Loan A due 2018, a Ba1 (LGD2-27%) rating to its proposed $200 million revolver due 2018 and a Ba3 (LGD5-82%) rating to its proposed $300 million senior unsecured notes due 2023. The proceeds will be used to refinance the existing Term Loan B and pay related fees and expenses. Concurrently, Moody's affirmed the Company's Ba2 corporate family rating and upgraded the Companys's probability of default rating to Ba2 from Ba3 to reflect the change in the refinanced capital structure. The outlook remains stable.

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