18.07.2013 21:41:00

Merlin Entertainments Group Lux 2 Sarl -- Moody's assigns B1 rating to Merlin Entertainments S.àr.l's new bank facilities

London, 18 July 2013 -- Moody's Investors Service has today assigned a B1 instrument rating, with a loss given default assessment of LGD3 (33%), to Merlin Entertainment S.àr.l's (Merlin) new credit facilities amounting to a GBP-equivalent of around GBP1.387 billion (consisting of USD602.2 million; GBP455.2 million; EUR500 million and AUD185 million) maturing in 2019. Concurrently, Moody's has assigned a B1 instrument rating with LGD3 (33%) to Merlin's GBP150 million revolving credit facility (RCF) maturing in 2018. These instruments are borrowed at MEG Luxembourg 2 and 3 S.àr.l. and drawn at various intermediate holding companies within the group.

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