Monday, August 6, 2012

TEXT-S&P assigns MModal prelim 'B+' rating

Overview
-- One Equity Partners is acquiring U.S. clinical documentation solutions
provider MModal Inc. for $1.1 billion.
-- We are assigning our preliminary 'B+' corporate credit rating to
MModal and preliminary issue and preliminary recovery ratings to its new
senior secured and unsecured debt.
-- The stable rating outlook reflects our view that the company's highly
recurring revenue base and diversified customer base will continue to support
consistent and improving revenu

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