London, 05 June 2014 -- Moody's Investors Service today upgraded Saga Limited's (Saga or the company) corporate family rating (CFR) to Ba2 from B1 and probability of default rating (PDR) to Ba3-PD from B2-PD. Concurrently, Moody's upgraded Saga Midco Limited's instrument ratings on the Term Loan A and Revolving Credit Facility (RCF) to Ba2 from B1. The outlook on the ratings is stable.

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