New York, April 20, 2015 -- Moody's said that International Wire Group Holdings, Inc.'s ("International Wire") issuance of $26 million senior unsecured PIK toggle notes is credit negative, but it does not impact the company's ratings, including its B2 corporate family rating and B3 rating on the $250 million 8.5% senior secured notes due 2017 issued by its operating subsidiary, International Wire Group, Inc., or stable outlook.

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