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19.05.2016 17:08:00
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TVL Finance plc -- Moody's assigns definitive ratings to Travelodge; corporate family unchanged at B3
London, 19 May 2016 -- Moody's Investors Service has today assigned a definitive Ba3 rating to the GBP50 million revolving credit facility and assigned a Ba3 rating to the GBP30 million letter of credit facility due 2022. The Super Senior Revolving Credit Facilities are issued by Full Moon Holdco 7 Limited, a wholly-owned, indirect subsidiary of Thame and London Limited. Further, Moody's assigned a definitive rating of B3 to the GBP390 million Senior Secured Notes due 2023 issued by TVL Finance plc, a wholly-owned, indirect subsidiary of Thame and London Limited. The rating outlook for all ratings is stable.
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