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Moody's rates Taylor Wimpey notes B2
Moody's Investors Service said it assigned a B2 (LGD4) rating to the £250 million of 10 3/8% senior notes due 2015 issued by Taylor Wimpey plc and guaranteed by Taylor Wimpey UK Ltd.
Taylor Wimpey's B2 corporate family and probability of default ratings remain unchanged.
The outlook is stable.
The B2 rating on the notes is in line with the provisional instrument rating assigned on Nov. 24, Moody's added.
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