New York, February 26, 2016 -- Moody's Investors Service downgraded Stryker Corporation's unsecured note ratings to Baa1 from A3. The downgrade reflects Moody's view that Stryker's acquisition appetite will result in the company sustaining higher leverage and weaker credit metrics. This concludes Moody's review of the ratings, which was initiated on February 1, 2016. At the same time, Stryker's Prime-2 short rating is affirmed. The rating outlook is stable.

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