22.05.2014 17:29:00

Pipe Holdings plc -- Pipe Holdings ratings withdrawn following IPO and debt repayment

London, 22 May 2014 -- Moody's Investors Service has today withdrawn the B2 corporate family rating and B2-PD probability of default rating of Pipe Holdings 2 Ltd (Polypipe). The B3 rating of Pipe Holdings plc'sGBP150 million 9.5% senior secured notes due 2015, has also been withdrawn.

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