Moody's rates Rhodia notes B1

Moody's Investors Service said it assigned a provisional B1 rating to Rhodia's $400 million 10-year (non-callable five years) senior unsecured fixed-rate notes.

The outlook is positive.

The new notes will improve the maturity profile of Rhodia spreading out the 2013 maturity on existing senior notes to 2020, the agency noted.

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