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Prospect News home > News index > List of issuers A > Headlines for Alberto-Culver Co. Inc. > News item |
S&P rates Alberto-Culver notes BBB
Standard & Poor's said it assigned a BBB senior unsecured debt rating to Alberto Culver Co.'s proposed $150 million senior notes due 2020.
Proceeds will be used for general corporate purposes, including acquisitions and repurchases of common stock.
Ratings reflect the company's portfolio of diversified well-recognized brands, the agency said.
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