London, 19 May 2015 -- Moody's Investors Service has today assigned a provisional (P)Ba3 rating to Rexel SA's (Rexel) proposed EUR500 million senior unsecured notes, due 2022. Rexel's Ba2 corporate family rating (CFR), Ba2-PD probability of default rating, Ba3 ratings on the company's existing senior unsecured notes and the NP short-term rating of the company's EUR500 million commercial paper programme remain unchanged. The outlook on all ratings remains stable.
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