Moody's assigns Baa1 debt rating to TRW's $3 billion debt financing
Moody's Investors Service assigned a Baa1 senior unsecured long-term debt rating to TRW Inc.'s proposed $3 billion note and debenture issue. Proceeds will be used to partially refinance TRW's $6.7 billion debt- financed acquisition of LucasVarity. The rating reflects the strategic value of the...
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