Fitch Rates ConocoPhillips’ $1.5B Unsecured Notes ‘A’ (Business Wire)
CHICAGO—-Fitch Ratings has assigned an ‘A’ to ConocoPhillips Corporation’s proposed issuance of up to $1.5 billion in senior unsecured five-, 10-, and 30-year notes. Net proceeds from the offering will be used to refinance existing commercial paper balances and for general corporate purposes.