London, 04 May 2016 -- Moody's Investors Service has today affirmed Rexel SA's (Rexel) Ba2 corporate family rating (CFR), Ba2-PD probability of default rating (PDR), 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. Moody's also assigned a provisional (P)Ba3 rating to Rexel's proposed EUR500 million senior unsecured notes, due 2023. The outlook on all ratings is stable.

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