New York, August 04, 2016 -- Moody's Investors Service, ("Moody's") assigned a B3 Corporate Family Rating to Beaver-Visitec International Holdings, Inc. (BVI), a manufacturer of low tech medical products used largely in cataract surgery procedures. At the same time, Moody's assigned a B2 rating to BVI's senior first lien term loan and revolver and a Caa2 to its second lien term loan. The rating outlook is stable. Proceeds from this offering will be used to partially finance TPG Capital's acquisition of BVI from RoundTable Healthcare Partners.
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