Business Services Industry
Fitch Rates Discover Bank's $250MM Unsecured Notes 'BBB'; Outlook Stable
Business Wire, Nov 16, 2007
NEW YORK -- Fitch Ratings has assigned a 'BBB' rating to Discover Bank's (DB) $250 million senior unsecured notes, which were originally issued in February 2004. The notes carry a floating rate of interest and mature in February 2009. The Rating Outlook is Stable.
Fitch assigned the following rating:
Discover Bank
-- $250,000,000 senior unsecured debt 'BBB'.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.
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