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Moody's Reports for AAF-McQuay Inc.

• MOODY'S ASSIGNS Ba3 TO GTD SENIOR SECURED BANK FACILITY AND B2 TO SENIOR NOTES OF AAF-MCQUAY INC.
• MOODY'S DOWNGRADES SENIOR UNSECURED DEBT RATINGS OF AAF-McQUAY TO B3 AND ASSIGNS B1 RATING TO ITS NEW SENIOR SECURED CREDIT FACILITIES
• MOODY'S INVESTORS SERVICE UPGRADES LONG TERM DEBT OF AAF-MCQUAY INC.