New York, September 14, 2015 -- Moody's Investors Service (Moody's) upgraded Lamar Advertising Company's (Lamar) corporate family rating (CFR) to Ba2 from Ba3. The senior notes due 2024 were upgraded to Ba1 from Ba2 and the subordinate notes due in 2022 and 2023 were upgraded to Ba3 from B1. The outlook is stable. This concludes the review for upgrade that commenced on June 16, 2015.
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