04.09.2013 21:30:00

Biomet, Inc. -- Moody's assigns B1 rating to Biomet's new US term loan; outlook stable

New York, September 04, 2013 -- Moody's Investors Service assigned a B1 rating to Biomet, Inc.'s new $865 million US dollar denominated term loan, due 2017. This new US term loan will refinance the company's Euro denominated term loan due July 2017. At close of this transaction, the rating for the Euro term loan will be withdrawn. The rating outlook is stable. At the same time, the company's other ratings (including its B2 Corporate Family Rating) remain unchanged.

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