Fitch affirms Weyerhaeuser

Fitch Ratings said it has affirmed the BB+ issuer default rating and the BB+ senior unsecured debt rating of Weyerhaeuser Co.

The outlook remains negative.

According to Fitch, the ratings are based on Weyerhaeuser's earnings prospects and its adjusted leverage combined with the cash generation capability of the company.

Weyerhaeuser continues to be troubled by a profitless Wood Products' business and a depressed homebuilding business, the agency said.

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