New York, September 14, 2016 -- Moody's Investors Service ("Moody's") upgraded First Data Corporation's ("First Data") Corporate Family ("CFR") and Probability of Default ("PDR") ratings to B1 and B1-PD from B2 and B2-PD, respectively. In addition, Moody's upgraded the senior secured credit facilities and first lien notes ratings to Ba3 from B1 and the second lien and unsecured notes ratings to B3 from Caa1. The rating outlook was changed to stable from positive.

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