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Edgewell Personal Care Co. -- Moody's places Edgewell's Ba3 ratings under review for downgrade following its announced acquisition of Harry's

Moody's Investors Service ("Moody's") today placed the ratings for Edgewell Personal Care Co. ("Edgewell") under review for downgrade. This follows Edgewell's announced $1.37 billion, largely debt financed acquisition of Harry's Inc. Management expects the closing of the acquisition to occur by the end of the first quarter in 2020.