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Fitch rates Kemper notes BBB
Fitch Ratings said it rated Kemper Corp.'s $400 million issuance of senior notes due 2032 BBB.
“The new rating is equivalent to the ratings assigned to Kemper's existing senior notes,” the agency said in a press release.
The proceeds are expected to be used in the redemption of the $275 million of senior debt due in September, with any remaining balance to be used for general corporate purposes.
The outlook is negative.
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