FDJ: assigned a rating by Moody's

(CercleFinance.com) - La Française des Jeux (FDJ) was today awarded a long-term credit rating of Baa1 - stable outlook by Moody's.


This long-term investment grade rating will enable the FDJ Group to diversify its sources of financing.

It will also provide access to the bond market, notably as part of the refinancing of the greater part of the €2 billion bridging loan, drawn down on October 7, to finance the acquisition of Kindred shares for nearly €2.5 billion', says the group in its press release.

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