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Fitch assigned an expected rating of BBB(EXP) to Valency International’s proposed USD60 million guaranteed senior unsecured notes due 2036. The final rating depends on receipt of final documents matching the information already received.
Fitch assigned Valency's USD guaranteed senior unsecured bonds an expected 'BBB(EXP)' rating. The report is a rating action and does not by itself indicate a transaction or pricing change.