New York, May 26, 2016 -- Moody's Investors Service assigned a Ba3 (LGD3) rating to West Corporation's ("West") approximately $1.2 billion of new senior secured term loan facilities and the $300 million revolving credit facility. West's B1 Corporate Family Rating (CFR), the Ba3 and B3 ratings for its existing senior secured and senior unsecured debt, respectively, and its SGL-1 speculative grade liquidity rating remain unchanged. The ratings outlook is stable. The company will use net proceeds from the new term loans to refinance existing senior secured term loans. Moody's will withdraw ratings on the existing term loans and revolving credit facility to the extent that existing loans are fully repaid and cancelled as part of the refinancing transactions.
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