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Prospect News home > News index > List of issuers C > Headlines for C&M Co. Ltd./C&M Finance Ltd. > News item |
Moody's affirms C&M
Moody's Investors Service said it affirmed C&M Co. Ltd's Ba2 foreign currency corporate family rating and C&M Finance Ltd.'s Ba2 $650 million senior unsecured notes due 2011 and 2016.
The outlook is stable. All ratings were removed from their provisional status following the successful completion of the issuance of the notes.
Moody's said proceeds will be used in part to refinance bank loans and fund potential acquisitions.
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