New York, July 19, 2016 -- Moody's Investors Service, ("Moody's") upgraded the ratings for Americold Realty Trust ("Americold"), including the Corporate Family Rating to B2 from B3 and the Senior Secured Term Loan B to B2 (LGD3) from B3 (LGD3). The outlook is stable. This concludes the review that was initiated on June 6, 2016 when Americold launched the add-on to its Senior Secured Term Loan B, the proceeds of which are expected to be used to repay a Commercial Mortgage Backed Security ("CMBS") obligation maturing in December 2016. On July 18, 2016 Americold closed the add-on and repaid the CMBS.

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