Asurion LLC is proposing to issue a $300 million first-lien term loan and add on a $400 million incremental first-lien term loan to an existing loan. We are affirming our ratings on Asurion and assigning a 'BB-' senior secured debt rating and '2' recovery rating to the new loan. The stable outlook reflects our view that the company will continue to generate solid cash flow and will be able to service its debt adequately. NEW YORK (Standard&Poor's) July 10, 2012--Standard&Poor's Ratings Services said today that it affirmed its 'B+' long-term counterparty credit rating on Nashville, Tenn.-based Asurion LLC (a wholly owned subsidiary of NEWAsurion Corp.). The outlook is stable. At the same time we assigned a
