04.09.2013 00:04:00
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YCC Holdings LLC -- Moody's: YCC Holdings' ratings unaffected by pending sale of company to Jarden; ratings likely to be withdrawn upon debt repayment
New York, September 03, 2013 -- Moody's Investors Service today stated that YCC Holdings LLC's ("YCC") ratings are unaffected by the September 3, 2013 announcement that its parent company, Yankee Candle Investments LLC, has agreed to be acquired by Jarden Corporation ("Jarden") in a transaction valued at approximately $1.75 billion in cash.