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Fitch gives Synchrony notes BBB-
Fitch Ratings said it gave a BBB- rating to Synchrony Bank's issuance of $900 million of 5.4% senior unsecured notes due August 2025 and $600 million of 5.625% senior unsecured notes due August 2027.
Fitch affirmed Synchrony’s BBB- issuer rating on April 28.
The proceeds are expected to be used for general corporate purposes.
The outlook is stable.
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