New York, June 03, 2015 -- Moody's Investors Service assigned a Ba3 (LGD 2) rating to Alere, Inc.'s (Alere) proposed senior secured credit facilities, including a new $250 million revolving credit facility (undrawn at close), a $600 million term loan A, and a $1,100 million term loan B. Moody's understands that the proceeds from the bank credit facilities will be used to refinance the outstanding borrowings under the company's existing credit facilities, and pay related transaction fees and expenses. Alere's B2 Corporate Family Rating and B2-PD Probability of Default Rating remain unchanged given Moody's expectation that credit metrics will not be meaningfully impacted by this transaction. The rating outlook remains stable.

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