10.11.2015 18:59:00
|
RCS Capital Corporation -- Moody's reviews RCS Capital Corporation for downgrade
New York, November 10, 2015 -- Moody's Investors Service placed RCS Capital Corporation's (RCS) B3 corporate family rating, B3 $575 million senior secured first lien term loan, B3 $25 million senior secured first lien revolving credit facility, and Caa2 $150 million senior secured second lien term loan on review for downgrade. The rating actions follow a series of announcements made by RCS and affiliated entities that together indicate a heightened level of uncertainty concerning RCS' strategic priorities and prospects.