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Prospect News home > News index > List of issuers V > Headlines for VWR International Inc. > News item |
Moody's rates VWR notes Caa1
Moody's Investors Service said it assigned a Caa1 rating to the proposed $750 million notes offering of VWR Funding, Inc.
All other ratings remain unchanged, including the B3 corporate family rating and probability of default rating and the B1 on the senior secured credit facility.
The outlook remains positive.
The proceeds of the offering will be used to repay the existing 10¼% senior unsecured notes due 2015.
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