Tereos Finance Groupe I -- Moody's assigns definitive Ba3 rating to Tereos Finance Groupe 1's senior unsecured notes; stable outlook

Paris, December 13, 2013 -- Moody's Investors Service has today assigned a definitive Ba3 rating with a loss given default assessment of 4 (LGD 4) to the EUR500 million of senior unsecured notes (due 2020) issued by Tereos Finance Groupe 1, a fully owned and guaranteed subsidiary of Tereos UCA, which is the holding company for Tereos. The assignment of the definitive rating follows a review of final documentation. All other ratings, including Tereos's Ba2 corporate family rating (CFR), the Ba2-PD probability of default rating (PDR) and the Ba3 rating on Tereos Europe's existing EUR500 million of senior unsecured notes due April 2014, remain unchanged. The outlook on all ratings is stable.

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