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Fitch gives Southwestern Energy notes BB
Fitch Ratings said it assigned BB/RR4 ratings to Southwestern Energy Co.'s planned senior unsecured notes.
The agency affirmed the BB/RR4 ratings on Southwestern’s outstanding senior unsecured notes on Nov. 29.
The proceeds and a planned term loan will be used to fund the cash portion of the GEP Haynesville, LLC acquisition and to fund the tender of certain series of the company's outstanding senior notes.
The outlook is stable.
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