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Prospect News home > News index > List of issuers G > Headlines for GXO Logistics Inc. > News item |
S&P assigns BBB- to GXO notes
S&P said it rated GXO Logistics Inc.’s planned senior unsecured notes BBB-.
The rating aligns with those on GXO’s outstanding senior unsecured notes.
GXO plans to use the proceeds to fund the acquisition of Wincanton plc and for general corporate purposes.
The outlook is negative.
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