New York, May 26, 2015 -- Moody's Investors Service downgraded Visant Corporation's ("Visant") Corporate Family Rating (CFR) to Caa1 from B3 due to the uncertainty around the company's plans to address its significant debt maturities coming due in a couple of years. Moody's also downgraded the Probability of Default Rating to Caa1-PD. The outlook is stable.

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