Walter Investment Management Corp (WAC)

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Walter Investment Management Corp. (NYSE Amex: WAC) ("Walter Investment" or the "Company") today announced that Moody's Investors Service ("Moody's") has assigned the Company a first-time Corporate Family Rating of B1 with a stable outlook. This follows the announcement by Standard & Poor's Rating Services ("S&P") that it had assigned the company a B+ long-term counterparty credit rating with a stable outlook. The ratings were assigned in conjunction with Walter Investment's proposed issuance of $500 million first-lien and $265 million second-lien secured term loans associated with the Company's planned acquisition of GTCS Holdings LLC ("Green Tree"). The $500 million first-lien secured term loan received a B+ rating from S&P and a B1 Senior Secured rating from Moody's. The $265 million second-lien secured term loan received a B rating from S&P and a B3 Senior Secured rating from Moody's