New York, April 29, 2013 -- Moody's Investors Service assigned a B1 rating to Surgical Care Affiliates, LLC's ("SCA") proposed $291 million senior secured term loan B add-on due 2018 (the add-on will be funded in two separate tranches; $126 million term loan B and a $165 million delayed drawn term loan B, expected to be issued on June 14, 2013). In addition, Moody's lowered the ratings on its exiting senior secured credit facilities to B1 from Ba3. Furthermore, the Corporate Family Rating at B2, the Probability of Default Rating at B2-PD and the Speculative Grade Liquidity Rating at SGL-2 have been affirmed. The outlook is stable.
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