10.06.2013 20:55:00
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Catamaran Corporation -- Moody's assigns Ba2 rating to Catamaran's new amend and extend bank debt
New York, June 10, 2013 -- Moody's Investors Service assigned a Ba2 rating to Catamaran Corporation's (formerly SXC Health Solutions Corp.) newly amended and extended senior secured Term Loan A and senior secured revolver. At the same time, Moody's affirmed the Ba2 Corporate Family Rating and Ba3-PD Probability of Default rating and raised the speculative grade liquidity rating to SGL-1 from SGL-2. The rating outlook is stable. Ratings on the existing bank facilities will be withdrawn.