London, 21 September 2015 -- Moody's Investors Service has today upgraded the senior unsecured rating of 3i Group plc (3i) to Baa1 with stable outlook from Baa2 with positive outlook. The upgrade of the rating reflects continued improvement in 3i's credit fundamentals. Notable improvements include a continued reduction in outstanding debt, ongoing discipline in the firm's investment process which has supported value creation in the portfolio and right-sizing of the operating expense base such that the firm can now support itself through cash income generation. These demonstrable improvements follow from 3i's three-year strategic plan initiated in mid-2012. The stable outlook reflects our expectation for these improvements in the business to be maintained.

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