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S&P gives Sagen MI notes BBB+
S&P said it assigned its BBB+ issue rating to Sagen MI Canada Inc.'s C$200 million of 5.909% senior unsecured debentures due 2028.
The agency reviewed the issuer’s ratings on April 25.
The company intends to use the proceeds for early redemption of its 4.242% debentures due 2024.
The outlook is stable.
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