Moody's rates Bally Technologies loan Ba2

Moody's Investors Service said it assigned a Ba2 rating to Bally Technologies, Inc.'s new $75 million revolving credit facility that expires in March 2014.

The company's Ba2 corporate family and probability of default ratings were affirmed along with the Ba2 rating on its $225 million term loan due September 2012 and $75 million revolving credit facility expiring September 2012, the agency said.

Bally's has a stable outlook and SGL-1 speculative-grade liquidity rating, Moody's noted.

The ratings reflect Bally's game development and technology risks, and an uncertain outlook for slot machine replacement demand and gaming play levels, the agency added.

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