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Fitch assigns A to ConocoPhillips notes
Fitch Ratings said it assigned an A rating to ConocoPhillips (COP) planned senior unsecured notes issuance. The notes will be issued by ConocoPhillips Co. and guaranteed by COP.
The agency last reviewed the issuer’s A ratings on March 15.
The proceeds are expected to be used in a multi-tranche liability management exercise, which will be launched concurrently with the notes offering.
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