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Published on 5/11/2012 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's: Europcar notes Caa1

Moody's Investors Service said it assigned a definitive Caa1 rating to Europcar Bond Funding Ltd.'s €324 million senior subordinated secured notes due 2017.

The outlook is stable.

Moody's said the final terms of the notes are essentially in line with the drafts reviewed for the provisional ratings assignments.


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