OREANDA-NEWS. S&P Global Ratings said today that it is publishing its issuer credit rating of 'B' on Gamenet Group S. p.A., the issuing vehicle of Gamenet's €200 million senior secured notes and €30 million revolving credit facility, as we had stated on July 20, 2016 (see "Italy-Based Gamenet Outlook Revised To Stable On Improved Liquidity Profile; 'B' Rating Affirmed," published on RatingsDirect). We erroneously did not publish the issuer credit rating. This error has now been rectified.

Under our corporate methodology, the assignment of an issuer credit rating is effectively a prerequisite for the assignment of issue ratings on the senior notes and on the revolver. We assigned Gamenet Group S. p.A. an issuer credit rating of 'B' and a stable outlook. The issue rating on its debt is unchanged at 'B'.