London, 22 December 2015 -- Moody's Investors Service, ("Moody's") has today upgraded to B2 from B3, the Corporate Family Rating (CFR) and to B2-PD from B3-PD the Probability of Default Rating (PDR) of Oxea S.ar.l. ("Oxea"), the ultimate holding company of the subsidiary guarantors to the group's senior secured credit facilities. In addition, Moody's affirmed at B2 the rating on the first-lien senior secured credit facility at Oxea's subsidiary Oxea Finance & Cy S.C.A. ("OF"). The outlook on all ratings remains stable.
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