EC Finance plc -- Moody's affirms Europcar's B1 CFR following EUR125m tap issuance; outlook stable

London, 01 June 2016 -- Moody's Investors Service, ("Moody's") has today affirmed Europcar Groupe S.A.'s (Europcar or the company) corporate family rating (CFR) of B1, and the probability of default rating (PDR) of B1-PD. Concurrently, Moody's has assigned a B3 instrument rating to the new EUR125 million Senior Notes tap due 2022, issued by Europcar Groupe S.A. and affirmed the B3 instrument rating on the EUR475 million Senior Notes due 2022, issued by the same entity, and the B2 instrument rating on the EUR350 million Senior Secured Notes due 2021, issued by EC Finance Plc. The outlook on all ratings is stable.

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