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Prospect News home > News index > List of issuers O > Headlines for OI European Group BV > News item |
S&P assigns OI European notes B+
S&P said it assigned its B+ issue-level rating and 3 recovery rating to O-I Glass Inc.'s subsidiary OI European Group BV's planned senior unsecured notes due 2030.
The proceeds are expected to be used to repay the $310 million of notes due 2023 issued by OI European, with additional amounts applied to its term loan A.
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