Cardtronics, Inc. -- Moody's upgrades Cardtronics' CFR to Ba2; outlook stable

New York, August 07, 2013 -- Moody's Investors Service upgraded Cardtronics, Inc.'s ("Cardtronics") corporate family rating to Ba2 from Ba3, its probability of default rating to Ba2-PD from Ba3-PD, and the rating for its senior subordinated debt to B1 from B2. Moody's also affirmed Cardtronics' SGL-2 Speculative Grade Liquidity rating and maintained a stable outlook for the ratings. The ratings action reflects Moody's belief that Cardtronics' increasing profitability affords the company ample flexibility to invest in growth and sustain a moderate financial risk profile in a mature industry.

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