London, 04 May 2016 -- Moody's Investors Service, ("Moody's") has today upgraded Magnolia (BC) Midco S.a.r.l.'s (Maisons du Monde) corporate family rating (CFR) to B1 from B2 and probability of default rating (PDR) to Ba3-PD from B1-PD. Concurrently, Moody's has upgraded to B1 from B2 the EUR325 million senior secured notes due 2020 issued by Magnolia (BC) S.A., a subsidiary of Maisons du Monde. The rating outlook is stable.
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