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31.05.2016 19:17:00
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INOVYN LIMITED -- Moody's assigns definitive B2 CFR to INOVYN; outlook stable
London, 31 May 2016 -- Moody's Investors Service, ("Moody's") has today assigned a definitive B2 Corporate Family Rating (CFR) and a B2-PD Probability of Default Rating (PDR) to INOVYN Limited ('INOVYN'). Concurrently, Moody's has assigned a definitive B2 rating to the senior secured facilities borrowed by Inovyn Finance plc, a direct subsidiary of INOVYN, comprising a EUR535 million Term Loan B, EUR240 million Term Loan A and EUR300 million Senior Secured Notes, all of which rank pari-passu. The outlook on all ratings is stable.
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