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Moody's Investors Service said today it....>

US BONDS
US BONDS: Moody's Investors Service said today it "placed the ratings of
Mallinckrodt International Finance SA, including the Ba3 Corporate Family Rating
and Ba3-PD Probability of Default Rating, under review for downgrade. The SGL-2
Speculative Grade Liquidity Rating was affirmed."
- It said the review "follows today's announcement that Mallinckrodt will
acquire Sucampo Pharmaceuticals (unrated) for a total purchase price of $1.2
billion. The deal will be funded with a mix of bank revolver borrowings
and term loan debt and/or cash. Management expects the transaction to
close in the first quarter of 2018 and is subject to customary closing
conditions and the tender of a majority of Sucampo's outstanding shares."

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