TEXT - S&P rates Ecolab's proposed notes 'BBB+'
Dec 10 - Standard & Poor's Ratings Services said today that it assigned its 'BBB+' rating to Ecolab Inc.'s proposed offering of $500 million in senior unsecured notes. The company plans to use proceeds to partly finance its announced $2.1 billion acquisition of Champion Technologies. The existing ratings on Ecolab, including the 'BBB+' corporate credit, rating remain unchanged.
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