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Prospect News home > News index > List of issuers T > Headlines for Tasty Bondco 1, SAU > News item
Published on 10/16/2019 in the Prospect News High Yield Daily.

S&P rates Tasty Bondco notes B

S&P said it assigned a B rating with a 3 recovery rating to Tasty Bondco 1, SAU’s 6¼% €335 million due 2026.

KKR created Tasty Bondco to help it acquire about an 84% ownership stake in Telepizza. KKR plans to eventually merge Tasty Bondco with Foodco Bondco SLU. S&P also assigned a B rating to Foodco Bondco.

The outlook is stable.


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