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S&P rates Hannon Armstrong notes BB+
S&P said it rated the $500 million senior unsecured notes due 2027 that Hannon Armstrong Sustainable Infrastructure Capital Inc. will guarantee BB+. Subsidiaries HAT Holdings I LLC and HAT Holdings II LLC will co-issue the notes.
The ratings are consistent with the agency’s ratings on the subsidiaries’ outstanding senior unsecured notes.
The company plans to use the proceeds to make new investments and for general corporate purposes.
The outlook is stable.
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