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Prospect News home > News index > List of issuers A > Headlines for Archer-Daniels-Midland Co. > News item |
S&P rates ADM notes A
S&P said it assigned its A issue-level rating to Archer-Daniels-Midland Co.'s senior notes.
“This is a leverage-neutral transaction, and we expect the company to use the net proceeds to redeem its $500 million 2.75% notes due March 27, 2025, and for general corporate purposes,” S&P said in a news release.
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