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Prospect News home > News index > List of issuers K > Headlines for KT Corp. > News item |
Fitch assigns A to KT notes
Fitch Ratings said it assigned KT Corp.'s planned dollar senior unsecured notes an A rating.
“The proposed notes are rated at the same level as KT's senior unsecured rating, as they represent its direct, unconditional, unsecured and unsubordinated obligations,” Fitch said in a press release.
KT will use the proceeds to refinance its debt and for general corporate purposes
The outlook is stable.
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