EDU UK Intermediate Limited -- Moody's assigns provisional (P)B3 rating to EDU UK Intermediate Limited; stable outlook

London, 09 September 2013 -- Moody's Investors Service has today assigned a provisional corporate family rating (CFR) of (P)B3 to EDU UK Intermediate Limited (Study Group), the holding company for Study Group, a company that provides academic pathway courses for international students. Concurrently, Moody's has assigned a provisional rating of (P)B3 and a loss given default (LGD) assessment of LGD4 to Study Group's combined GBP205 million senior secured notes due 2018, issued by EDU UK BondCo PLC, a company wholly owned by EDU UK Intermediate Limited. The senior secured notes are guaranteed by EDU UK Intermediate Limited. The outlook on all ratings is stable.

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