Frankfurt am Main, February 04, 2013 -- Moody's Investors Service has today changed the outlook on KION's ratings to positive from stable. Concurrently, Moody's assigned a B2 (LGD2-23%) rating to the EUR 350 million Senior Secured Notes due 2020 proposed by KION Finance S.A. (the "Issuer"). The B3 Corporate Family Rating (CFR) and Caa1-PD Probability of Default Rating of KION Group GmbH (together with its subsidiaries "KION") as well as the B2 rating of KION Finance S.A.'sEUR 500 million existing Senior Secured Notes due 2018 have been affirmed.
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