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Fitch rates Colbun's notes BBB
Fitch Ratings said it assigned a BBB rating to Colbun SA's proposed up to $500 million notes due between 2030 and 2050. Colbun plans to use the proceeds to refinance a portion of its $500 million senior unsecured notes due 2024 and for general corporate purposes.
Fitch currently rates Colbun's long-term foreign and local currency issuer default ratings at BBB and long-term national scale rating at AA-(cl). The outlook is positive.
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