Fitch Rates Seagate's Senior Notes Offering 'BBB-'
(The following statement was released by the rating agency) CHICAGO, January 31 (Fitch) Fitch Ratings has rated Seagate Technology Plc's (Seagate) $1.25 billion senior notes offering 'BBB-'. The Long-Term Issuer Default Rating (IDR) is 'BBB-' and the Rating Outlook remains Negative. A full list of current ratings follows at the end of this release. Fitch expects the company will use net proceeds from the senior notes offering for general corporate purposes, including to pre-fund the repaymen [Source]
Publication Date:Origin: reuters.com
Category: technologySector
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Source: http://feeds.reuters.com/~r/reuters/technologysectorNews/~3/rGx1RwZwg_0/idUSFit988350