London, 31 March 2014 -- Moody's Investors Service has today upgraded to Ba3 from B1 the corporate family rating (CFR) and to B1-PD from B2-PD probability of default rating (PDR) of Merlin Entertainments (Merlin), which is the ultimate holding company for Merlin Entertainments group and its operating subsidiaries. The rating of the credit facilities has also been upgraded to Ba3 from B1. The outlook is stable.

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