London, 20 May 2016 -- Moody's Investors Service has today assigned a definitive Ba1 rating with a loss given default assessment of 4 (LGD 4) to Barry Callebaut'sEUR450 million senior unsecured note issuance due May 2024, issued by Barry Callebaut Services N.V., a fully owned and guaranteed subsidiary of Barry Callebaut AG ("Barry Callebaut", the "company"), following a review of final documentation. Additionally, Moody's has reaffirmed all the other existing ratings. The outlook on all ratings is stable.

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