Thursday, July 5, 2007

Fitch cuts Hilton's debt rating on acquisition

(Reuters) - Terms are not yet final, but the deal is likely to result
in a substantial increase in leverage, Fitch said in a
statement.




Fitch cut Hilton's issuer rating by four notches to "B,"
the fifth-highest junk rating, from "BB-plus."


Read more at Reuters.com Bonds News

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