NEW YORK (Standard&Poor's) April 10, 2012--Standard&Poor's Ratings Services said today that it assigned its 'B+' issue-level rating and '2' recovery rating to Romeoville, Ill.-based Protection One Alarm Monitoring Inc.'s $25 million senior secured revolving credit facility and $520 million first-lien term loan. The '2' recovery rating indicates our expectation for meaningful (70%-90%) recovery for lenders in the event of payment default. (For the complete corporate credit rating rationale, see the summary analysis on Protection One, published March 26, 2012, on RatingsDirect. For the complete recovery analysis, see the recovery report on Protection One, published March 23, 2012.) Our 'B' corporate credit rating and stable outlook on Protection One remain unchanged and reflect our view that the
