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Prospect News home > News index > List of issuers T > Headlines for TFI Overseas Investment Ltd. > News item |
Fitch gives TF International notes BBB-
Fitch Ratings said it assigned a BBB- rating to TFI Overseas Investment Ltd.'s $750 million structured note and medium-term note (MTN) program and its $250 million 6¾% fixed-rate guaranteed notes maturing June 9, 2025.
The structured note and MTN program, and guaranteed notes are guaranteed by TFI Overseas' parent, Hong Kong-based TF International Securities Group Ltd., rated BBB-.
The tranche proceeds will be used for general corporate purposes or to refinance indebtedness.
The outlook is stable.
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