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Published on 5/19/2004 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Fitch rates ONO Finance notes

Fitch Ratings said it has assigned ONO Finance plc's €280 million 2014 bond issue a B- rating with a stable outlook.

The bond is guaranteed by Spain's Cableuropa SA.

Fitch said the proceeds will be used for the redemption of the 2009 bonds and part of the 2011 bonds.


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