RATED: Moody's rates Kelvion E425m 5NC1 sr sec FRN B B3
HYC European Market: Deal Flow - General
Moody's rates Mangrove LuxCo III Sarl (Kelvion) (MANGRV) EUR425m sr sec FRN due 2029 (5y) B3 (positive). Via DB+. Moody's also upgraded the long-term corporate family rating to B3 from Caa1.