London, 25 April 2014 -- Moody's Investors Service, ("Moody's") today assigned a B2 corporate family rating (CFR) to Novacap International SAS (Novacap), and B2-PD Probability of Default Rating (PDR). At the same time, Moody's also assigned a (P)B2 rating to the EUR310 million senior secured floating rate notes due 2019 to be issued by Novacap International SAS. The outlook on all ratings is stable. This is the first time Moody's has assigned a rating to Novacap International SAS.

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