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Moody's assigns Baa2 to Ceske drahy notes
Moody's Investors Service said it assigned a Baa2 rating to Ceske drahy, as’ planned €500 million of senior unsecured notes.
The agency affirmed Ceske drahy’s Baa2 ratings on June 21.
The proceeds will be used to fund its increasing capital expenditure needs in the next 18-24 months, repay maturing debt and support liquidity.
The outlook is stable.
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