New York, April 23, 2014 -- Moody's Investors Service ("Moody's") today said that Hearthside Group Holdings LLC's ("Hearthside") B2 Corporate Family Rating, B1 Secured Revolving Credit Facility rating, B1 Senior Secured First Lien Term Loan rating, Caa1 Senior Unsecured Notes rating and B2-PD Probability of Default Rating will be unchanged by Hearthside's revised capital structure. Hearthside's announced that it will upsize its senior unsecured notes to $300 million from $270 million and reduce the first lien secured term loan to $565 million from $575 million. The additional $20 million debt proceeds will be used to repay $16 million capital leases, add $2 million cash to the balance sheet with the remaining being paid out as incremental fees. For more infomation please see the issuer commment posted at www.moodys.com.

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