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KAR Auction Services, Inc -- Moody's confirms KAR Auction Services, Inc.'s ratings after the separation of IAA; outlook is stable

Moody's Investors Service ("Moody's") confirmed KAR Auction Services, Inc. ("KAR") credit ratings, including the B1 Corporate Family Rating ("CFR") and B1-PD Probability of Default Rating, the Ba2 senior secured rating and the B3 senior unsecured rating. Moody's also affirmed the SGL-1 Speculative Grade Liquidity rating.