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Fitch rates Wintershall Dea's proposed notes BBB
Fitch Ratings said it assigned an expected BBB rating to Wintershall Dea Finance BV’s proposed euro-denominated and dollar-denominated notes.
The notes will be guaranteed by Wintershall Dea GmbH.
Proceeds from the prospective notes will be used to refinance existing bridge facilities of €3.7 billion at Wintershall Dea and Wintershall Norge AS, an operating subsidiary that will not guarantee the notes.
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