Moody's lifts Millipore notes

Moody's Investors Service said it upgraded the rating of Millipore Corp.'s €250 million of 5.875% senior notes due 2016 to Baa2 from Ba2.

The outlook is stable.

The upgrade reflects Merck KGaAs unconditional guarantee of the due and punctual payment of all amounts owed by Millipore under the bond, following Merck's acquisition of Millipore, Moody's said.

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