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Published on 9/3/2019 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P gives Smurfit Kappa notes BB+

S&P said it rated Smurfit Kappa Treasury Unlimited Co.’s proposed €500 million of senior unsecured notes due 2027 BB+ with a recover rating of 3.

Proceeds will be used to repay €250 million of notes due 2020 and another €250 million of notes due 2021.


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