New York, March 04, 2016 -- Moody's Investors Service assigned a Ba3 rating to KAR Auction Services, Inc.'s (KAR) proposed $300 million revolving credit facility and $1.35 billion of term loans, and affirmed KAR's B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating and SGL-1 Speculative Grade Liquidity rating. The ratings have a stable outlook.
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