Rexel decides to end its short-term rating by Moody’s

As disclosed in its Q3 2020 sales release, Rexel announces that it has decided to end its “NP – Non Prime” short- term rating issued by Moody’s.

This decision follows the change in Moody’s commercial policy and the limited use of this rating by investors (the short-term rating is similar for all companies that are non-investment grade).