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27.02.2016 00:01:00
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Radio Systems Corporation -- Moody's Says Radio Systems' preferred equity issuance is credit negative; no ratings impact
New York, February 26, 2016 -- Moody's Investors Services said that Radio Systems Corporation's ("Radio Systems", B2 stable) planned issuance of $231 million of preferred equity to private equity sponsor TSG Consumer Partners ("TSG") is credit negative but has no impact on the company's ratings or stable rating outlook.
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