London, 16 September 2013 -- Moody's Investors Service has today downgraded to B1 from Ba3 the corporate family rating (CFR) of Eco-Bat Technologies Ltd. (Eco-Bat), the lead producer headquartered in the UK. Concurrently, the rating agency has downgraded the probability of default rating (PDR) to B1-PD from Ba3-PD and the rating on the EUR 300 million of senior notes issued by Eco-Bat Finance plc and due in 2017 to B2 from B1. The outlook on the ratings is stable.

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