New York, February 16, 2016 -- Moody's Investors Service (Moody's) today assigned a Caa1 rating to $350 million of proposed senior unsecured notes being offered by Prestige Brands, Inc., (Prestige or the company). Other ratings, including the company's B2 Corporate Family Rating, the B2-PD Probability of Default Rating, and the B1 senior secured and the Caa1 senior unsecured instrument ratings remain unchanged. The rating outlook is stable.

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