New York, June 08, 2016 -- Moody's Investors Service, ("Moody's") today revised Gates Global LLC's ("Gates") ratings outlook to negative from stable. All other ratings were affirmed, including the B3 Corporate Family Rating ("CFR"), B3-PD Probability of Default Rating, B2 rating on the approximately $2.7 billion senior secured facilities and Caa2 rating on the approximately $1.3 billion senior unsecured notes.
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