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Fitch: Teekay Shuttle notes BBB-
Fitch Ratings said it has assigned a rating of BBB- with a stable outlook to Teekay Shuttle Tanker Finance LLC's $174,150,000 aggregate principal amount of 4.96% series B senior secured notes due 2023.
Additionally, Fitch said it withdraws the rating BBB- assigned to series A, as with the funding of series B, the series A notes were surrendered and canceled. The canceled principal amount of the series A notes were exchanged dollar-for-dollar for series B notes.
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