Chicago (S&P Global Ratings) Dec. 14, 2016--S&P Global Ratings said today that it has reviewed its recovery and issue-level ratings for WASH Multifamily Acquisition Inc. and subsidiary Coinamatic Canada that were labeled as "under criteria observation" (UCO) after publishing its revised recovery ratings criteria on Dec. 7, 2016. With our criteria review complete, we are removing the UCO designation from these ratings and are raising the recovery and issue-level ratings on the senior secured second-lien debt to '5' and 'B-', respectively, from '6' and 'CCC+'. The '5' recovery rating indicates our belief that lenders could expect modest (10% to 30%, at the low end of the range) recovery in the event of a payment default. Our 'B' issue level rating
