New York, November 17, 2016 -- Moody's Investors Service, ("Moody's") today affirmed Estee Lauder Company's (Estee Lauder) ratings, including the company's A2 senior unsecured rating and the Prime-1 commercial paper rating. The rating outlook is stable. This action follows the company's announcement on November 14, 2016 that it will acquire Two Faced for $1.45 billion.

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