New York, October 12, 2015 -- Moody's Investors Service assigned first-time ratings to Plaskolite LLC, including a B2 Corporate Family Rating ("CFR"), B1 first lien senior secured ratings, and Caa1 second lien senior secured rating. Proceeds from $410 million in funded debt will be used to help fund Plaskolite's acquisition by private equity firm Charlesbank and members of management from the company's existing family ownership. The rating outlook is stable.
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