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Prospect News home > News index > List of issuers I > Headlines for Iraq > News item |
S&P assigns B- to Iraq bonds
Standard & Poor's said it assigned its B- issue rating to the senior unsecured bond to be issued by the Republic of Iraq (B-/stable/B).
The amount and interest rate, among other details of the bond, will be determined during the placement.
Proceeds will be used for budgetary purposes.
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