New York, February 04, 2013 -- Moody's: The announcement by Waupaca Foundry, Inc. (Waupaca) that it has increased the size of the upsized term loan by $50,000,000 is a credit negative development for the company. The further increase in the term loan will be used to support a larger special dividend to Waupaca's sponsors. However, Moody believes the company's credit metrics, including pro forma Debt/EBITDA of about 3.4x, continue to support the B1 Corporate Family Rating, B2 rating on the upsized term loan, and stable rating outlook. For further information, please see Waupaca's issuer comment dated February 4, 2013 at www.moodys.com.

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