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Published on 9/13/2021 in the Prospect News Bank Loan Daily, Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

Moody's rates CGI notes Baa1

Moody's Investors Service said it assigned a Baa1 rating to CGI Inc.'s planned C$500 million of senior unsecured notes. The company's Baa1 ratings and stable outlook remain unchanged.

CGI plans to use the proceeds to repay a portion of the amount outstanding under its term loan facility due in March 2023 and for general corporate purposes.


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