New York, June 18, 2014 -- Moody's Investors Service said that the proposed $25 million increase to $175 million from the originally expected $150 million Senior PIK Toggle Notes of Wave Holdco, LLC (Wave Holdco), a newly created holding company which owns 100% of WaveDivision Holdings, LLC (Wave), does not impact Wave's B2 Corporate Family Rating, the negative outlook, or other instrument ratings.
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