WME IMG, LLC -- Moody's says WME IMG, LLC's ratings are unchanged following the parent company's acquisition of Zuffa

New York, July 12, 2016 -- Moody's says WME IMG, LLC's (WME IMG) B2 corporate family rating is unchanged following the announcement that the parent company, WME Entertainment Parent, LLC and a group of investors acquired a controlling interest in mixed martial arts company, Zuffa, LLC. While the terms, financing, and structure of the transaction have not been made public, the acquisition is in line with Moody's expectations when we affirmed the ratings on June 6, 2016, following the launch of a $250 million add on term loan which was later upsized to $300 million. Moody's will continue to review the terms and structure of the transaction as they become available to assess the impact on WME IMG and that they remain consistent with initial expectations.

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