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Published on 8/2/2016 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P assigns BBB to Mattel notes

S&P said it assigned its BBB issue-level rating to Mattel Inc.'s proposed $350 million senior unsecured notes due 2021.

The company intends to use the proceeds to refinance existing notes and for general corporate purposes.

Mattel’s BBB corporate credit rating and other ratings remain unchanged.

The outlook is stable.


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