New York, July 31, 2014 -- Moody's Investors Service assigned a B3 Corporate Family Rating and B3-PD Probability of Default Rating to NVA Holdings, Inc. ("NVA"), the parent company of National Veterinary Associates, Inc. Moody's also assigned B1 ratings to the company's proposed senior secured first lien credit facilities, including a $330 million senior secured first lien term loan and a $70 million senior secured first lien revolver. At the same time, Moody's assigned a Caa2 rating to the company's proposed $160 million senior secured second lien term loan. The rating outlook is stable. This represents the first time Moody's has rated this company.
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