Moody's assigns A1 to Merck notes

Moody's Investors Service said it assigned an A1 rating to the new senior unsecured note issuance of Merck & Co., Inc. There are no changes to Merck's other ratings, including the A1 senior unsecured long-term rating.

The proceeds are for general corporate purposes including repayment of commercial paper and other debt. Proceeds from the sustainability component of the offering will be allocated to eligible social and/or green projects.

The outlook remains negative.

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