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Prospect News home > News index > List of issuers A > Headlines for Avaya Inc. > News item |
Fitch rates Avaya notes BB-
Fitch Ratings said it assigned a BB-/RR2 rating to Avaya Inc.’s issuance of $750 million of senior secured notes due 2028.
Proceeds will be used to partially repay the company’s senior secured term loan due 2024, as well as related fees, costs and expenses.
The company’s long- term issuer default rating is B, and the outlook is stable.
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