Duff & Phelps Corporation -- Moody's changes outlook on Duff & Phelps' B2 rating to negative; New Second-Lien Facility rated Caa1

New York, August 11, 2015 -- Moody's Investors Service, ("Moody's") today affirmed Duff & Phelps Corporation's B2 corporate family rating (CFR) and the B2 rating on its senior secured first lien bank credit facility, and assigned a B2 rating to its extended $75 million revolving credit facility and a Caa1 rating to the company's second lien bank credit facility. At the same time, the rating outlook was changed to negative. The rating action follows the company's announced intention to borrow up to an additional $152 million on its credit facilities and pay a dividend to shareholders of up to $195 million.

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