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Fitch assigns ORIX notes A-
Fitch Ratings said it assigned ORIX Corp.'s $500 million of fixed-rate senior unsecured notes an A- rating.
“The note rating is aligned with the long-term issuer default rating (IDR) of ORIX because the notes constitute the company's direct, unsubordinated and unsecured obligations and rank equally with all its other unsubordinated and unsecured obligations,” Fitch said in a press release.
The proceeds will be used for general corporate purposes.
The outlook is stable.
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