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Moody's Ratings downgrades a rating on one class of notes issued by PP...

Moody's Ratings (Moody's) has downgraded the ratings on the following notes issued by PPM CLO 3 Ltd.: U.S.$20,000,000 Class E-R Deferrable Floating Rate Notes due 2034 (the "Class E-R Notes"), Downgraded to B1 (sf); previously on March 25, 2021 Assigned Ba3 (sf) PPM CLO 3 Ltd., originally issued...

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