(Source: Fitch Inc) 17 Nov 2015 10:37 PM GMT/UTC Fitch Ratings-Chicago-17 November 2015: Fitch Ratings has assigned a 'BBB+' rating to Time Warner Inc.'s (Time Warner) issuance of benchmark-sized senior unsecured notes due 2026 (2026 notes) and senior unsecured debentures due 2045 (2045 debentures). The 2045 debentures constitute an additional issuance of the existing $600 million 4.85% Debentures due 2045. The net proceeds will be used for general corporate purposes. Fitch currently has a 'BBB+' Issuer Default Rating for Time Warner, with a Stable Outlook. The company had approximately $22.9 billion of debt outstanding as of Sept. 30, 2015. The issuance is consistent with Fitch's...
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