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Published on 10/8/2020 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

Fitch corrects Cassini cut

Fitch Ratings filed a correction to its Sept. 30 release on Cassini SAS’ (Camexposium) senior secured debt instrument rating. Fitch said the release should have reported a cut to C/RR4 from B+/RR3. The recovery rating RR4 indicates recoveries of 31% to 50%.


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