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S&P rates Hutchison Whampoa notes A-
Standard & Poor's said it assigned its A- rating to a 4.125% €1 billion note issue by Hutchison Whampoa Finance (05) Ltd. due June 28, 2015.
The issue is guaranteed by Hutchison Whampoa Ltd. (A-/negative/--).
The net proceeds will be used to refinance debt, including recourse and non-recourse debt owed by subsidiaries of Hutchison and for general corporate purposes.
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