Barry Callebaut Services N.V. -- Moody's assigns definitive Ba1 rating to Barry Callebaut's senior notes due 2023; stable outlook

London, 01 July 2013 -- Moody's Investors Service has today assigned a definitive Ba1 rating with a loss given default assessment of 4 (LGD 4) to Barry Callebaut's$400 million senior unsecured note issuance due 2023, 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. All other ratings, including Barry Callebaut's Ba1 corporate family rating, the Ba1 ratings on the company's existing EUR350 million of senior notes due 2017 and EUR250 million of senior notes due 2021 and the Ba1-PD probability of default rating (PDR), remain unchanged. The outlook on all ratings is stable.

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