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Published on 9/1/2020 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Fitch gives Tenet notes B

Fitch Ratings said it assigned a B/RR4 rating to Tenet Healthcare Corp.’s senior unsecured notes, the same ratings as Tenet's outstanding senior unsecured notes.

The company plans to use the proceeds to redeem its 8 1/8% senior unsecured notes due 2022.

The outlook is stable.


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