EMT Finance Inc. -- Moody's assigns a (P)B2 CFR to Element Materials Technology Limited; outlook stable

London, 09 February 2016 -- Moody's Investors Service (Moody's) has today assigned a provisional (P)B2 corporate family rating (CFR) to Element Materials Technology Limited (Element or the company). Concurrently, Moody's has assigned a (P)B2 rating to the USD225 million term loan B1 facility due 2023, raised by EMT Finance Inc., and a (P)B2 rating to the USD210 million term loan B2 facility due 2023 (to be raised in EUR), USD70 million capex/acquisition facility due 2023 and USD30 million revolving facility (RCF) due 2022 raised by EMT 2 Holdings Limited and EMT Finance Inc., both subsidiaries of Element. The outlook on all ratings is stable.

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