Fitch rates MF Global convertibles, notes BBB

Fitch Ratings said it assigned a rating of BBB to MF Global Holdings Ltd.'s $325 million convertible senior note issuance.

These unsecured notes will bear interest at a rate of 3.375% per annum and will mature Aug. 1, 2018, Fitch said.

Fitch also said it expects to assign a BBB rating to the company's $325 million of 6.25% senior unsecured notes due Aug. 8, 2016.

Both unsecured notes issuances are senior unsecured obligations of MF Global and rank pari passu with other senior unsecured obligations, the agency said.

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