New York, July 28, 2015 -- Moody's Investors Service today upgraded Party City Holdings Inc.'s ("Party City") debt ratings, including its Corporate Family Rating to B1 from B2 and Probability of Default Rating to B1-PD from B2-PD. The rating action concludes the review for upgrade initiated on June 16, 2015. Concurrently, Moody's assigned a B1 rating to the company's proposed $1.34 billion secured term loan, and a SGL-2 Speculative Grade Liquidity rating. The ratings outlook is positive.
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