02.08.2016 17:30:00
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Mattel, Inc. -- Moody's assigns Baa1 to Mattel's $350 million notes offering
New York, August 02, 2016 -- Moody's Investors Service assigned a Baa1 rating to Mattel, Inc.'s proposed $350 million 5-year notes being offered today. The proceeds will be used primarily to repay at maturity its $300 million outstanding 2.5% notes due November 1, 2016. The balance of the proceeds will be used for general corporate purposes.