The Big a is issuing €1 billion in senior unsecured notes, including €500 million due in 2024, and €500 million due in 2035, as an initial step towards replacing its state-backed credit facility. Moody’s, which assigned the company a Prime-1 (P-1) issuer rating last month, gave the proposed notes an investment-grade A2 rating citing its leading position in the global sportswear market and wide geographic diversification. The ratings agency’s outlook ... Log in to view full article.