New Media Holdings II LLC -- Moody's says New Media Holdings II LLC recently announced transactions have no immediate impact on ratings

New York, December 14, 2015 -- Moody's Investors Service says the sale of DB Nevada Holdings, Inc., publisher for the Las Vegas Review-Journal, and agreement to acquire two local media assets in separate transactions: Business Information Division of Dolan LLC and publishing operations of a local, daily newspaper will not impact the B2 Corporate Family Rating, B3-PD Probability of Default Rating or the B2 rating assigned to the revolving credit and term loan facility of New Media Holdings II LLC. The acquisitions are expected to be funded using balance sheet cash, and pro-forma for all three transactions, the company's operating performance is expected to remain unchanged.

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