Dentsply Sirona Inc. -- Moody's: Dentsply Sirona's acquisition of MIS Implants is credit negative; ratings unaffected

New York, June 28, 2016 -- Moody's Investors Service commented on Dentsply Sirona Inc.'s (Baa2 stable) agreement to purchase MIS Implants Technologies Ltd. ("MIS Implants") for $375 million. The planned acquisition, which Dentsply Sirona expects to close by the end of the third quarter, is modestly credit negative as Moody's expects it to slightly increase the company's financial leverage. MIS Implants' offers a wide range of dental implants and prosthetic solutions, together with grafting materials and guided surgery services. MIS Implants located in Shlomi Israel, has revenues of about $80 million as of December 31, 2015.

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