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Fitch cuts Andromeda Finance notes
Fitch Ratings said it downgraded Andromeda Finance Srl's class A1 notes due 2028 to BBB- from BBB. The notes are guaranteed by SACE SpA.
The downgrade of the class A1 notes reflects the May 7 downgrade of SACE to BBB-, Fitch said.
The outlook is stable.
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