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Commentary & Deal Flow

RATED: Mdys/S&P/Fitch rate TeamSystem €700m 6NC2 sr sec notes B2/B/B

HYC European Market: Deal Flow - General

Moody's/S&P/Fitch rate TeamSystem S.p.A. EUR700m 144A/Reg S sr sec notes due 2032 (6y) B2/B/B (stable/stable/stable). Via GS+. S&P also upgraded the existing sr sec debt to B from B-.