New York, June 24, 2015 -- Moody's Investors Service downgraded Zimmer Holdings, Inc.'s senior unsecured ratings to Baa3 from Baa1 following the announcement that Zimmer Holdings has closed on its acquisition of Biomet, Inc. All provisional (P)Baa3 ratings assigned in March 2015 will convert to Baa3. The rating outlook is stable.

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