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Fitch rates Gallagher notes BBB+
Fitch Ratings said it assigned BBB+ issue-level ratings to new senior unsecured notes issued by Arthur J. Gallagher & Co.
The ratings are consistent with those on Arthur J. Gallagher’s outstanding senior unsecured notes. Fitch upgraded the ratings to BBB+ from BBB on Oct. 27.
The issuer will use the proceeds for general corporate purposes, including M&A.
The outlook is stable.
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