Fitch rates Wolters Kluwer senior debt BBB

Fitch Ratings said it assigned Wolters Kluwer NV a BBB senior unsecured rating and affirmed the Dutch publisher's F2 short-term rating.

The outlook is positive.

The subordinated notes were affirmed at BBB-.

Fitch said Wolters is now approaching the midpoint of its three-year restructuring plan, which began in October 2003. To date the company has delivered its objectives and in fact has modestly increased some of its targets.

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