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The Latest from
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March 1, 2024
FCX – Base Case CDS 112bps, Base Case iCDS 48bps,
Negative Case iCDS 63bps, 2028 5.250% Bond YTW of 5.343%, iYTW of 4.813%,
Baa2 Rating from Moody’s, IG4+ (equivalent to Baa1) Rating from Valens,
Low Refinancing Need...
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