Fitch rates Starwood loan BB+

Fitch Ratings said it assigned a BB+ rating to Starwood Hotels & Resorts Worldwide Inc.'s new $1.5 billion unsecured credit facility due 2013. The rating is in line with the BB+ rating on Starwood's unsecured notes and the company's issuer default rating.

The outlook is stable.

The agency said it affirmed Starwood's ratings last month and noted that refinancing of the credit facility at reasonable terms was likely and did not present any credit concerns.

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