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Published on 7/24/2023 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch rates Arsenal AIC notes BB+

Fitch Ratings said it assigned expected BB+/RR2 ratings to Arsenal AIC Parent LLC's planned $900 million of senior secured notes due in 2030.

The ratings are the same as Fitch’s for Arsenal’s $1 billion term loan.

Arsenal will use the proceeds to help pay for its purchase of Arconic Corp.

The outlook is stable.


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