New York, March 21, 2016 -- Moody's Investors Service ("Moody's") has assigned Baa3 ratings to a total of USD$8 billion of senior unsecured notes being offered by Newell Rubbermaid Inc., ("Newell") in six separate traunches. The net proceeds from the offerings will be used primarily to finance the cash consideration portion of the merger consideration for Newell's pending acquisition of Jarden Corporation ("Jarden") and to refinance certain outstanding Jarden debt. The rating outlook is stable.
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