05.12.2014 22:11:00
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Oasis Outsourcing Holdings, Inc -- Moody's rates Oasis's CFR at B2; 1st Lien Credit Facilities at B1 and 2nd Lien at Caa1; outlook stable
New York, December 05, 2014 -- Moody's Investors Service, ("Moody's") rated Oasis Outsourcing Holdings, Inc's ("Oasis") Corporate Family Rating ("CFR") and Probability of Default Rating ("PDR") at B2 and B2-PD, respectively, new First Lien Credit Facilities (Revolver and Term Loan, together the "First Lien Debt"") at B1, and Second Lien Term Loan Lien ("Second Lien Debt") at Caa1. The rating outlook is stable. This is the first time that Moody's has assigned a rating to Oasis's debt.