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Published on 7/15/2019 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

S&P cuts Senvion Holding to D

S&P said it downgraded Senvion Holding to D from SD and lowered the €125 million super senior revolving credit facility due April 2022 to D from CC following a missed interest payment on the revolver.

The grace period has already passed.

S&P also said it affirmed its D rating on the company’s senior secured notes.


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