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Prospect News home > News index > List of issuers E > Headlines for Embraer Netherlands Finance BV > News item |
S&P rates Embraer Netherlands bonds BBB
Standard & Poor’s said it assigned its BBB issue-level rating to Embraer Netherlands Finance BV’s proposed 10-year senior unsecured bonds.
This rating reflects the credit rating on Embraer SA (BBB/stable/--), which unconditionally guarantees the debt.
The company will use the proceeds for liability management purposes and to extend debt maturities and prepay more expensive debt.
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