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Prospect News home > News index > List of issuers G > Headlines for Glenmark Pharmaceuticals Ltd. > News item |
Fitch pulls Glenmark bond rating
Fitch Ratings said it withdrew the BB rating on Glenmark Pharmaceuticals Ltd.’s proposed offering of dollar-denominated bonds after the company decided not to proceed with the offering. Fitch assigned the rating in January.
The agency affirmed the BB ratings on Glenmark’s 4½% senior unsecured notes due 2021 and the company.
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