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Published on 1/29/2009 in the Prospect News Investment Grade Daily.

Fitch rates Hess notes BBB

Fitch Ratings said it assigned a BBB rating to Hess Corp.'s proposed senior note offerings and affirmed the BBB issuer default, senior unsecured notes and senior unsecured bank facility ratings as well as the F2 commercial paper rating.

The outlook remains stable.

Ratings reflect the company's strong operational performance combined with its improved financial profile, the agency said.


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