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Published on 1/27/2010 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch boosts Sun Microsystems

Fitch Ratings said it upgraded Sun Microsystems Inc.'s issuer default rating to A from BBB- following Oracle Corporation's (A/stable) acquisition of Sun, and withdrew its ratings as the company no longer has any debt.

The outlook is stable.


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