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Fitch gives ORIX notes A-
Fitch Ratings said it assigned ORIX Corp.'s €500 million five-year senior notes maturing May 29, 2029, an A- rating.
“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 statement.
The proceeds will be used for general corporate purposes.
The outlook is stable.
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