New York, September 20, 2016 -- Moody's Investors Service, ("Moody's") downgraded Greatbatch Ltd.'s (borrowing entity for Integer Holdings Corporation, formerly Greatbatch, Inc.) Corporate Family and Probability of Default Ratings to B3 and B3-PD from B2 and B2-PD, respectively. Moody's also downgraded the company's first lien senior secured credit facility rating to B2 from B1, and its senior unsecured notes to Caa2 from Caa1. The rating outlook is stable. At the same time, Moody's affirmed the company's SGL-3 Speculative Grade Liquidity Rating.

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