Fitch assigns Cox notes BBB+

Fitch Ratings said it assigned a BBB+ rating to Cox Communications, Inc.’s proposed benchmark issuance of 10- and 30-year senior unsecured notes.

The company is a wholly owned subsidiary of Cox Enterprises, Inc., which will guarantee the notes.

Cox Communications is expected to use the proceeds to prefund the repayment or repurchase of upcoming maturities and for general corporate purposes.

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