New York, July 28, 2015 -- Moody's Investors Service, ("Moody's") assigned a first time B1 corporate family rating (CFR) and a B1-PD probability of default rating to CPI Holdings, Inc. ("CPI"). Moody's also assigned B1 ratings to the proposed $435 million senior secured term loan and $40 million senior secured revolver of CPI Acquisition, Inc., the debt issuing subsidiary of CPI. The rating outlook is stable.

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