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Commentary & Deal Flow

RATED: Mdys/S&P/Fitch rate Cedacri E250m 5NC1 sr sec FRN B3/B/B

HYC European Market: Deal Flow - General

Moody's/S&P/Fitch rate Cedacri SpA (CEDCRI) EUR250m 144A/Reg S sr sec FRN due 05/15/28 (5y) B3/B/B (stable/negative/negative, revised from stable). Via BNP+. Moody's withdrew the previously positive outlook on Cedacri Mergeco SpA.