TEXT-S&P rates Tenneco senior notes, sub debt

Newswire

(The following statement was released by the rating agency) May 28 - Standard & Poor's Ratings Services said today that it assigned its preliminary 'B-' rating to Tenneco Inc.'s senior unsecured debt securities filed as part of a Rule 415 unlimited amount shelf registration. At the same time, Standard & Poor's assigned its preliminary 'CCC' rating to Tenneco's subordinated debt securities. Under the shelf registration, the company may sell any combination of securities described in ...

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