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Rexel SA -- Moody's assigns a Ba3 rating to Rexel's new senior unsecured notes

Moody's Investors Service ("Moody's") has today assigned a Ba3 rating to Rexel SA's (Rexel) E600 million senior unsecured notes due 2026. Rexel's existing ratings, comprising of 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 E300 million commercial paper programme, remain unaffected.