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Commentary & Deal Flow

RATED: MdysS&P/Fitch rate TeamSystem E700m 7NC1 sr sec FRN B2/B-/B+

HYC European Market: Deal Flow - General

Moody/S&P/Fitch rate TeamSystem SpA (TITANL) EUR700m 144A/Reg S sr sec FRN due 2031 (7y) B2/B-/B+ (stable/positive, revised from stable/stable). Via BofA/GS +.