Moody's: Woolworths notes A3

Moody's Investors Service said it assigned an A3 senior rating to Woolworths Ltd.'s senior notes totaling $850 million.

The notes consist of $300 million of 3.15% fixed-rate notes due April 12, 2016 and $550 million of 4.55% fixed-rate notes due April 12, 2021.

The proceeds will be used to refinance existing debt facilities and for general corporate purposes.

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