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Fitch gives ORIX notes A-
Fitch Ratings said it gave A- ratings to ORIX Corp.’s $500 million of five-year and $500 million of 10-year notes.
“The notes' 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.
ORIX plans to use the proceeds for general corporate purposes.
The outlook is stable.
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