 Moodys Investors Service Moodys has today assigned a Caa1 rating to the proposed 600 million senior unsecured notes due 2027 issued by Ardagh Packaging Finance plc and Ardagh Holdings USA Inc., subsidiaries of ARD Finance S.A. Ardagh. ARD Finance S.A. is the top entity with rated debt within the restricted group of Luxembourg-based metal and glass packaging manufacturer Ardagh Group S.A. All other ratings of Ardagh, including the B3 corporate family rating CFR, B3-PD probability of default rating PDR and existing instrument ratings of its subsidiaries remain unchanged. 