Frankfurt am Main, August 19, 2013 -- Moody's Investors Service has today assigned a definitive Caa1 rating (with a loss given default (LGD) assessment of LGD6, 91%) to the USD900 million HoldCo senior notes issued by ConvaTec Finance International S.A. ConvaTec Healthcare A S.a r.l.'s corporate family and probability of default ratings (B2, B2-PD, outlook negative) as well as instrument rating on secured senior bank facilities Ba3 (LGD2, 23% from LGD2, 24%) and senior unsecured notes at B3 (LGD5, 70% from LGD5, 71%) remain unchanged.
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