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S&P rates Bunge notes BBB-
Standard & Poor's said it assigned its BBB- debt rating to Bunge Ltd. Finance Corp.'s senior unsecured $400 million notes offering due 2017, drawn under its Rule 415 shelf registration.
Parent company Bunge Ltd. will fully guarantee the notes on a senior unsecured basis.
The agency said the ratings on Bunge Ltd. reflect S&P's opinion that the company has a satisfactory business risk profile and an intermediate financial risk profile.
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