New York, May 23, 2013 -- Moody's affirmed MacDermid Incorporated's (MacDermid) B2 Corporate Family Rating (CFR) and assigned Ba3 ratings to its proposed revolving credit facility and first lien term loan and a Caa1 rating to its proposed second lien term loan. The firm will use the proceeds from the proposed debt and $108 million of existing cash balances to refinance approximately $792 million of existing indebtedness and return $475 million of capital to shareholders by repaying a portion of its preferred stock. The existing ratings on the debt being refinanced were also affirmed. The rating outlook is stable.

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