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Fitch Rates Flextronics' $500MM Senior Notes Offering 'BBB-'

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB-' rating to Flextronics International Ltd.'s (Flextronics) senior notes offering. Pro forma for the issuance, Fitch's action affects $4.2 billion of debt, including the undrawn $1.5 billion revolving credit facility (RCF) but excluding the senior notes offering. The Rating Outlook is Stable. A full list of ratings follows at the end of this release. Flextronics will use net proceeds from the senior notes issuance for general corporate

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