29.09.2016 17:47:00

Alkermes plc -- Moody's assigns Ba3 to Alkermes' term loan; outlook negative

New York, September 29, 2016 -- Moody's Investors Service ("Moody's") assigned a rating of Ba3 to the amended senior secured term loan of Alkermes, Inc. There are no changes to the existing ratings including the Ba3 Corporate Family Rating, the Ba3-PD Probability of Default Rating, the Ba3 senior secured rating and the SGL-1 Speculative Grade Liquidity Rating. The rating outlook remains negative.

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