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Eaton Capital Unlimited Company -- Moody's assigns Baa1 rating to Eaton's new unsecured notes

Moody's Investors Service ("Moody's") assigned a Baa1 rating to Eaton Corporation's ("Eaton") new euro-denominated senior unsecured notes due 2021 and 2025. The issuance does not impact other ratings of Eaton, including the Baa1 senior unsecured or P-2 short-term ratings. The new notes will be issued by an Ireland-based subsidiary of Eaton, Eaton Capital Unlimited Company, and will enjoy substantially the same guarantees of Eaton's outstanding senior unsecured notes.