Nielsen Business Media Holding Company -- Moody's assigns B3 to Nielsen Business Media

New York, June 04, 2013 -- Moody's Investors Service has assigned a first-time B3 Corporate Family Rating (CFR) and B3-PD Probability of Default Rating (PDR) to Nielsen Business Media Holding Company ("Nielsen" or "the company"). Moody's has also assigned B2 (LGD3, 35%) ratings to the company's proposed $520 million senior secured credit facilities and a Caa2 (LGD5-88%) rating to the proposed $200 million senior unsecured notes due 2021. The proceeds from the new term loan and unsecured notes will be used to partly finance the acquisition of the company by its equity sponsor, Onex Partners. The ratings are contingent on Moody's review of final documentation and no material change in the terms and conditions of the debt as advised to Moody's. The outlook is stable.

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