Moody's: Convergys unchanged

Moody's Investors Service said Convergys Corp.'s Ba1 corporate family rating, SGL-2 speculative-grade liquidity rating and negative rating outlook are unchanged following the company's filing of a form S-4 with the Securities and Exchange Commission on Thursday that outlined a proposed offer to exchange up to $122.5 million of its remaining $193 million of senior unsecured notes due December 2009 for 5.75% subordinated convertible debentures due 2029.

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