Moody's assigns B1 to WOM Mobile

Moody's Investors Service said it assigned a B1 corporate family rating to WOM Mobile SA and subsidiaries and affirmed the B1 rating of Kenbourne Invest SA's 2024 and 2028 notes.

Concurrently, the agency withdrew WOM SA's B1 CFR. These actions place the CFR at the group's holding company level.

WOM Mobile is the parent company of WOM SA, Conect SA and Multikom SA. The Kenbourne Invest notes are guaranteed by WOM Mobile and its subsidiaries.

The outlook is stable.

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