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Prospect News home > News index > List of issuers F > Headlines for Fluor Corp. > News item |
S&P cuts Bridging North America notes to BBB
S&P said it downgraded the rating on Bridging North America GP’s notes to BBB from BBB+, reflecting the downgrade on Fluor Corp. to BBB from BBB+, which is the company’s construction and operations counterparty.
The agency lowered ratings on BNA’s C$157.1 million of series A and C$289.3 million of senior secured bonds to BBB from BBB+
The negative outlook matches the negative outlook on Fluor.
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