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13.06.2013 16:37:00
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Oceania Cruises, Inc. -- Moody's affirms Insignia Vessel Acquisition's ratings; assigns B2 rating to Oceania's proposed first lien facilities
New York, June 13, 2013 -- Moody's Investors Service affirmed Insignia Vessel Acquisition, LLC's ratings including its B3 Corporate Family Rating, B3-PD Probability of Default Rating and positive rating outlook. At the same time, Moody's assigned a B2 rating to Oceania Cruises, Inc.'s proposed $75 million five-year first lien senior secured revolver and $300 million seven-year first lien senior secured term loan. Oceania Cruises, Inc. ("Oceania") is the parent company of Insignia Vessel Acquisition, LLC ("Insignia").
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