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Prospect News home > News index > List of issuers H > Headlines for Hopson Development Holdings Ltd. > News item |
Fitch rates Hopson Development notes B+
Fitch Ratings said it assigned Hopson Development Holdings Ltd.'s planned dollar-denominated senior unsecured notes a B+ rating with an RR4 recovery rating.
“The proposed notes are rated at the same level as Hopson's senior unsecured rating because they will constitute its direct and senior unsecured obligations,” Fitch said in a press release.
The company plans to use the proceeds for refinancing.
The outlook is stable.
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