S&P changes Rekeep view to negative

S&P said it revised the outlook on Rekeep SpA to negative but affirmed its B ratings on the company and its €360 million of senior secured notes.

“The negative outlook indicates that we expect Rekeep's operations to be disrupted in the current trading conditions, resulting in negative FOCF over the next 12 months. We expect these conditions to be temporary, unless the impact of Covid-19 is prolonged,” S&P said in a press release.

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