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Published on 4/6/2020 in the Prospect News Investment Grade Daily.

S&P rates Lonza notes BBB+

S&P said it assigned a BBB+ rating to Lonza Finance International NV’s proposed fixed-rate senior unsecured bonds.

Proceeds will be used to refinance debt and for general corporate purposes.

Market conditions will determine the size and maturity of the offering. The bonds will rank pari passu with other senior unsecured debt. Lonza Group Ltd., the group's top holding company, will guarantee the bonds.


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