22.06.2016 18:38:00
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Neustar, Inc -- Moody's places Neustar's ratings (Ba3 CFR) under review for downgrade
New York, June 22, 2016 -- Moody's Investors Service has placed Neustar, Inc.'s (Neustar or the company) ratings under review for downgrade, including the company's Ba3 corporate family rating (CFR), Ba3-PD probability of default rating (PDR), Ba2 senior secured bank credit facility rating and B2 senior unsecured rating. The review was prompted by Neustar's announcement of its intention to separate into two independent, publicly traded companies, via a tax-free spin-off (the spin) expected to close within 12 months, or approximately the middle of 2017.