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Moody's downgrades ratings in Pop NPLs 2018 S.r.l.

Moody's Investors Service ("Moody's") has today downgraded the ratings of two notes in Pop NPLs 2018 S.r.l. ("Pop 2018"). This downgrade reflects lower than anticipated cash-flows generated from the recovery process on the non-performing loans (NPLs) and underhedging. ....EUR426M Class A Notes, Do...

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