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Fitch rates OCP's notes BB+
Fitch Ratings said it assigned OCP SA's U.S. dollar-denominated 10- and 30-year notes senior unsecured ratings of BB+. The recovery rating is RR4.
The ratings match those on OCP’s outstanding senior unsecured ratings.
The proceeds will be used to fund OCP's capital expenditures program and general corporate purposes.
The outlook is stable.
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