NEW YORK (Standard&Poor's) March 21, 2011--Standard&Poor's Ratings Services today said it withdrew its 'B+' counterparty credit rating on Nashville, Tenn.-based NEWAsurion Corp. at the company's request. At the same time, we withdrew the proposed 'B+' senior secured debt rating on NEWAsurion's $3.62 billion senior credit facility, which consists of a $3.5 billion first-lien term loan and a $120 million revolving credit line. We also withdrew our 'B-' subordinated debt rating on NEWAsurion's $1.02 billion second-lien term loan because the company has withdrawn its plan for the proposed financing. In addition, Standard&Poor's withdrew its '3' recovery rating on the company's first-lien term loan and revolving credit facility and its '6' recovery rating on the company's
