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Global Eagle Entertainment, Inc. -- Moody's assigns B3 corporate family rating to Global Eagle Entertainment

Moody's Investors Service (Moody's) has assigned a B3 corporate family rating (CFR), B3-PD probability of default rating (PDR) and SGL-2 speculative grade liquidity (SGL) rating to Global Eagle Entertainment, Inc. (Global Eagle). Moody's has also assigned a B1 (LGD3) rating to the company's existing senior secured first lien credit facility that consists of an $85 million senior secured revolver due 2022 and $500 million ($487.5 million outstanding as of March 31, 2018) term loan due 2023.