New York, March 03, 2016 -- Moody's Investors Service assigned a Baa1 rating to Stryker Corporation's new senior unsecured note offering. Proceeds from this offering will be used to help fund Stryker's previously announced $4.1 billion acquisitions of Sage Products and Physio-Control as well as refinance an upcoming $750 million note maturing in September 2016. Stryker's existing Baa1 senior unsecured and Prime-2 short term ratings are unchanged. The rating outlook is stable.
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