Tuesday, July 3, 2007

Fitch cuts BCE to junk status on leveraged buyout

(Reuters) - The pending $32.6 billion buyout would be the biggest
global buyout if it goes through.




Fitch lowered BCE's issuer default and senior unsecured
debt ratings to "BB-minus," three steps below investment grade,
from "BBB-plus," three steps above junk territory.


Read more at Reuters.com Mergers News

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