Moody's rates Eco-Bat notes B1

Moody's Investors Service said it assigned a definitive B1 rating to the €300 million senior unsecured notes due 2017 issued by Eco-Bat Finance plc, a subsidiary of Eco-Bat Technologies Ltd.

The outlook is stable.

The ratings reflect the business risk and competitive position compared with others within the industry, capital structure and financial risk and projected performance over the intermediate term and management's track record and tolerance for risk, Moody's said.

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