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Fitch rates Eramet bond BB+
Fitch Ratings said it assigned Eramet SA's sustainability-linked five-year €500 million bond an expected senior unsecured rating of BB+. The recovery rating is RR4.
The agency published Eramet’s BB+ ratings on April 27.
The proceeds will fund general corporate purposes, including refinancing part of its existing €500 million bonds due in 2024.
The outlook is stable.
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