London, 15 September 2014 -- Moody's Investors Service has today upgraded the corporate family rating of Elior S.A. (formerly Holding Bercy Investissement S.C.A.) to Ba3 from B1, and its probability of default rating to Ba3-PD from B2-PD. Moody's also upgraded the ratings on Elior's and Elior Participations senior secured bank facilities and the senior secured notes (due 2020) of Elior Finance & Co SCA to B1 from B2. The ratings outlook has also been changed to stable from positive.
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