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Moody’s assigns Huntington Ingalls notes Baa3
Moody's Investors Service said it assigned Baa3 ratings to Huntington Ingalls Industries, Inc.'s new senior unsecured notes.
The new notes will be guaranteed by the company's domestic subsidiaries that guarantee the company's existing debt obligations.
The company will use the proceeds for general corporate purposes, which may include debt repayment and working capital. The issuance does not affect the company's Baa3 senior unsecured rating, or the stable outlook.
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