London, 04 May 2016 -- Moody's Investors Service (Moody's) has today assigned a definitive Ba3 corporate family rating (CFR) and B1-PD probability of default rating (PDR) to Jacobs Douwe Egberts Holdings B.V. (JDE), an intermediate parent entity of JDE group, global coffee manufacturer and retailer based in the Netherlands. Moody's has also assigned a definitive Ba3 rating to the equivalent EUR6.1 billion currently outstanding credit facilities (including EUR500 million undrawn RCF) raised by Jacobs Douwe Egberts International B.V. (previously Charger Opco B.V.). The outlook on all ratings is positive. Concurrently, Moody's has withdrawn (P)Ba3 CFR of Jacobs Douwe Egberts International B.V.
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