CHICAGO (Standard&Poor's) Jan. 27, 2016--Standard&Poor's Ratings Services said today that its ratings and outlook on Bright Horizons Family Solutions LLC (BB-/Stable/--) are not affected by the company's $125 million upsize of its $100 million revolving credit facility. The unaffected ratings include our 'BB' issue-level rating and '2' recovery rating on the company's senior secured credit facilities. The '2' recovery rating indicates our expectation for substantial recovery (70%-90%; lower half of the range) of principal in the event of a payment default. The issue-level rating is one notch above our corporate credit rating on the company. In addition to the add-on, the maturity date of the revolver has been extended to July 2019 from January 2018. The
