New York, August 04, 2015 -- Moody's Investors Service confirmed Anixter Inc.'s ("Anixter") Ba2 Corporate Family Rating ("CFR") and Ba2-PD Probability of Default Rating following the company's announcement that it will acquire HD Supply's Power Solutions division ("Power Solutions") for approximately $825 million. In related rating actions, Moody's: 1) confirmed the Ba3 rating assigned to Anixter's$350 million senior unsecured notes due 2019; 2) confirmed the Ba3 rating assigned to Anixter's$400 million senior unsecured notes due 2021; 3) assigned a Ba3 rating to the proposed $350 million senior unsecured notes due 2023; and 4) changed Anixter's outlook to negative. This concludes the review Moody's initiated July 16, 2015.

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