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Published on 5/17/2023 in the Prospect News Investment Grade Daily.

S&P assigns BBB to National Rural notes

S&P said it assigned a BBB rating to National Rural Utilities Cooperative Finance Corp.'s planned $300 million of subordinated deferrable interest notes due 2053.

“We rate the notes two notches below the A- issuer credit rating, signifying their subordination and optional deferrability,” the agency said in a press release.

The outlook is stable.


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