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Fitch rates CMPC notes BBB
Fitch Ratings said it assigned a BBB rating to the $500 million of planned senior unsecured notes due 2034 to be sold by Inversiones CMPC SA and guaranteed by Empresas CMPC SA (CMPC).
The rating is consistent with those on Inversiones’ outstanding dollar-denominated senior unsecured notes.
CMPC will use the proceeds for liability management and general corporate purposes.
The outlook is stable.
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