Moody's Investors Service ("Moody's") affirmed WeddingWire, Inc.'s ("WeddingWire") B3 corporate family rating (CFR) and its B3-PD probability of default rating. Moody's also affirmed the B2 instrument ratings for WeddingWire's first-lien debt, including a $445 million term loan and $25 million revolving credit facility.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of The Knot Worldwide Inc. New York, August 14, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of The Knot Worldwide Inc. (f/k/a WeddingWire, Inc.) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.