Fitch Affirms Corn Products' IDR at 'BBB'; Rates Proposed Sr Notes 'BBB'; Outlook Stable.

Business Wire › September 14, 2010

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Fitch Affirms Corn Products' IDR at 'BBB'; Rates Proposed Sr Notes 'BBB'; Outlook Stable.

CHICAGO -- Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR), bank credit facility, and senior unsecured debt ratings of Corn Products International, Inc. (CPO) at 'BBB'. Fitch has also assigned a 'BBB' rating to CPO's proposed $900 million senior note issuance. CPO is expected to issue $350 million of five-year notes, $400 million of 10-year notes,...

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