London, 09 July 2013 -- Moody's Investors Service has today changed to positive from stable the outlook on the ratings of Global Blue Finance S.àr.l. (Global Blue), which is the indirect holding company of Global Blue Acquisition B.V. Concurrently, Moody's has affirmed Global Blue's B1 corporate family rating (CFR), B2-PD probability of default rating (PDR), and the B1 senior secured instrument ratings borrowed at Global Blue Acquisition B.V., a fully-owned and guaranteed subsidiary of Global Blue. The outlook on all ratings is positive.
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