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Fitch gives Amgen notes A
Fitch Ratings said it has assigned an A rating to Amgen Inc.'s public issuance of senior unsecured debt, comprising 10-year senior unsecured notes and 30-year senior unsecured notes.
The outlook is stable.
Fitch said it currently has the following ratings on Amgen: issuer default rating issuer default rating) A; bank loan rating A; and short-term issuer default rating F1.
Amgen's ratings reflect the strong liquidity which was provided by full capacity under its $2.3 billion credit facility maturing Nov. 2012, and cash and short-term investments of about $9.76 billion at the end of the third quarter of 2008, the agency said.
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