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A rating is not a recommendation to get, sell or hold securities and could be topic to suspension, reduction or withdrawal at any time by the assigning rating agency. Preliminary ratings, with the 'prelim' suffix, may possibly be assigned to obligators or obligations, which includes financial applications, in the situations described in S&P International Ratings Definitions. Assignment of a final rating is conditional on the receipt by S&P Global's suitable documentation. S&P International reserves the proper not to concern a final rating.

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