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Platform Specialty Products Corporation -- Moody's assigns Ba2 to Platform's proposed new credit facilities

Moody's Investors Service ("Moody's") assigned a Ba2 rating to Platform Specialty Products Corporation ("Platform")'s proposed credit facilities, including a $330 million five-year revolver and a $750 million seven-year term loan. Proceeds from the proposed credit facilities together will the expected proceeds from the sale of Platform's Arysta LifeScience Ltd. ("Arysta") agricultural chemicals business will be used to repay existing senior secured credit facilities and unsecured notes due in 2022 and 2023.