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11.09.2015 17:55:00
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Hill-Rom Holdings, Inc. -- Moody's assigns Ba2 CFR to Hill-Rom, downgrades sr unsecured rating to B1 from Baa3; outlook stable
New York, September 11, 2015 -- Moody's Investors Service assigned a Ba2 Corporate Family Rating, Ba2-PD Probability of Default rating and SGL-2 Speculative Grade Liquidity rating to Hill-Rom Holdings, Inc. Moody's also downgraded Hill-Rom's senior unsecured rating to B1 from Baa3. These actions follow Hill-Rom's closing on its acquisition of Welch Allyn Holdings, Inc. Previously assigned provisional (P)Ba2 senior secured ratings and the (P)B1 senior unsecured rating have been converted to Ba2 and B1, respectively. The rating outlook is stable.
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