London, 16 September 2015 -- Moody's Investors Service has today upgraded to Ba3 from B1 the corporate family rating (CFR) of Global Blue Finance S.a r.l. (Global Blue). Concurrently, Moody's has also upgraded to B1-PD from B2-PD Global Blue's probability of default rating (PDR) as well as the rating of the senior secured instruments of Global Blue Acquisition B.V., a fully owned and guaranteed subsidiary of Global Blue, to Ba3 from B1. All ratings have a stable outlook.

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