Toronto, December 04, 2014 -- Moody's Investors Service affirmed Parq Holdings Limited Partnership's (Parq) B3 corporate family rating (CFR) and B3-PD probability of default rating, and downgraded the ratings on the company's proposed first lien term loans to B1 from Ba3 as they have been upsized by US$90 million to US$265 million. Moody's also withdrew the Caa1 rating on the proposed second lien notes as they have been cancelled. The ratings outlook is stable.

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