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Moody's assigns B1 to Heathrow notes
Moody's Ratings said it assigned a B1 rating to the planned senior secured notes of a benchmark £350 million to be issued by Heathrow Finance plc.
Concurrently, Moody's said it affirmed the Ba2 long-term corporate family rating, the Ba3-PD probability of default rating and the B1 senior secured ratings on the company's outstanding senior secured notes.
The proceeds will be used for general corporate purposes.
The outlook remains stable.
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