New York, May 20, 2013 -- Moody's Investors Service affirmed Provident Funding Associates, L.P.'s (Provident) Ba3 corporate family and senior secured debt ratings. In addition, with Provident's announcement that it is tendering all of its outstanding senior secured bonds, Moody's upgraded the company's senior unsecured rating to Ba3 from B2. Upon the retirement of all of the company's outstanding senior secured bonds, the senior secured bond ratings will be withdrawn. The rating outlook is stable.
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