Fitch gives Windstream notes BB+

Fitch Ratings said it has assigned a BB+ rating to Windstream Corp.'s proposed offering of $600 million of senior unsecured notes due 2017.

Windstream's issuer default rating is BB+, and the company's ratings remain on rating watch negative, the agency added.

The company is expected to use the proceeds from the offering to fund the cash portion and other expenses associated with pending acquisitions as well as for general corporate purposes, the agency said.

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