Moody's Investors Service (Moody's) has withdrawn the Ba3 corporate family rating and stable outlook of Hornbach Baumarkt AG (Hornbach). Concurrently, Moody's has withdrawn Hornbach's Ba3-PD probability of default rating and the Ba2 rating to the EUR250 million worth of guaranteed senior unsecured notes due 2026 issued by Hornbach. Moody's has decided to withdraw the ratings for its own business reasons.