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Moody’s rates Hershey’s notes A1
Moody’s Investors Service said it assigned A1 ratings to the Hershey Co.’s planned $1 billion senior unsecured notes with tenors of five, 10, and 30 years.
Proceeds will be used for general corporate purposes including repaying commercial paper.
Other company ratings were unchanged, Moody’s said.
The outlook is stable
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