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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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