Moody's rates Endo notes B2

Moody's Ratings said it assigned a B2 rating to the new $1.25 billion backed senior secured notes offering of Endo Finance Holdings, Inc. in connection with its post-bankruptcy exit financing.

There are no changes to Endo's other ratings including the B2 corporate family rating, the B2-PD probability of default rating, the Ba3 rating on the $400 million of senior secured super-priority revolving credit facility, and a B2 rating to the $1.25 billion senior secured term loan, the agency said. The SGL-1 speculative grade liquidity rating is unchanged.

The outlook is stable.

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