New York, June 04, 2013 -- Moody's Investors Service assigned a Ba2 rating to American Greetings Corp's ("American Greetings") senior secured credit facility. The credit facility consists of a $400 million term loan and a $200 million revolving credit facility. Moody's also affirmed American Greetings' B1 Corporate Family Rating and the B3 rating of the senior unsecured notes. The credit facility will be issued in connection with the management buyout by a group led by Chairman Morry Weiss, Chief Executive Officer Zev Weiss and Chief Operating Officer Jeffrey Weiss, in a deal valued at around $1 billion. The outlook is stable.

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