London, 14 November 2013 -- Moody's Investors Service has today confirmed the B2 corporate family rating (CFR), B2-PD probability of default rating (PDR) and B2 rating on the senior secured notes of Albéa Beauty Holdings S.A. following Albéa Beauty Partners S.A.'s decision to discontinue its plans to issue USD150 million of pay-in-kind (PIK) notes. The outlook on all ratings is stable.

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