Surgical Care Affiliates, LLC -- Moody's rates Surgical Care's credit facilities Ba3 and notes Caa1; B2 CFR affirmed

New York, March 04, 2015 -- Moody's Investors Service assigned a Ba3 rating to Surgical Care Affiliates, LLC's ("SCA") proposed $600 million senior secured credit facilities, comprised of a $250 million revolver expiring in 2022 and $350 million term loan B due 2022. In addition, Moody's assigned a Caa1 rating to SCA's new $350 million senior unsecured notes due 2023. Furthermore, the Corporate Family Rating at B2, and the Probability of Default Rating at B2-PD have been affirmed. The Speculative Grade Liquidity Rating has been lowered to SGL-2 from SGL-1. The outlook is stable.

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