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News 2026-07-03 07:00 UTC

Fitch Revises Outlook on Renesas Electronics to Stable

() -- Fitch Ratings has changed the outlook on the long-term issuer default ratings of Renesas Electronics (TYO:6723) to stable from negative, according to a Friday release. Fitch affirmed the company's BBB ratings on its $850 million senior unsecured notes due November 2026, noting its acquisition strategy is expected