27.05.2015 17:46:00
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Epicor RSG US Inc. -- Moody's assigns B3 corporate family ratings to Epicor RSG US, Inc.
New York, May 27, 2015 -- Moody's Investors Service, ("Moody's") assigned B3 corporate family rating and Caa1-PD probability of default rating to Epicor RSG US, Inc. ("RSG"), the Retail Solutions Group business unit recently spun-off from Epicor Software Corporation. Moody's also assigned a B3 rating to the company's proposed first lien credit facilities. The proceeds of the debt issuance are being used to capitalize the new business entity, as well as fund a distribution to shareholders. The ratings outlook is stable.