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Published on 10/28/2015 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P rates Cabot loan BBB

Standard & Poor’s said it assigned a BBB rating to Cabot Corp.’s $1 billion unsecured revolving credit facility.

The existing ratings, including the BBB corporate credit rating on Cabot, are unchanged.

The outlook remains stable.

The ratings reflect the company’s satisfactory business risk profile and intermediate financial risk profile, S&P said.


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