London, 05 December 2013 -- Moody's Investors Service, ("Moody's") today assigned a definitive B3 corporate family rating (CFR) to EDU UK Intermediate Limited ("Study Group"). Concurrently, Moody's has assigned a definitive B3 rating with a loss given default (LGD) 4 (51%) to the GBP205 million senior secured notes raised by EDU UK BondCo PLC, a wholly owned subsidiary of EDU UK Intermediate Ltd. Moody's has also assigned a B3-PD probability of default rating (PDR) to EDU UK Intermediate Limited. The outlook on all ratings remains stable.
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