Commentary & Deal Flow

S&P/Fitch rate California Buyer Limited & Atlantica Sustainable Infrastructure plc (AY) US$/EUR 144A/Reg S 7.25NC3 green sr notes 2-part BB-/BB- (stable/stable). Via Barc (US lead)/GS (EUR lead)+. S&P also downgraded the issuer credit rating to BB- from BB+. Fitch downgraded the issuer default rating to BB- from BB+.