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Published on 4/1/2024 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

S&P hacks WOM ratings to D

S&P said it lowered its ratings for WOM SA and its senior unsecured notes that were issued through subsidiary Kenbourne Invest SA to D from CCC. WOM guaranteed the notes.

The downgrades follow WOM filing for protection under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware, the agency said.


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