19.12.2013 16:09:00
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Molex Electronics Technologies, LLC -- Moody's rates Molex Baa3
New York, December 19, 2013 -- Moody's Investors Service assigned a first time Baa3 issuer rating to Molex Electronics Technologies, LLC ("Molex"). The company is the debt issuing holding company of Molex, Incorporated, which was recently acquired by privately held Koch Industries Inc. (not rated). The acquisition was funded with $5.7 billion of equity and drawings under Molex's new $2.26 billion unsecured revolver (not rated). The ratings outlook is stable.