Fidelity National Financial Inc. is issuing $300 million (with a $45 million over allotment) of senior convertible notes due in 2018. We have assigned a 'BBB-' rating to the notes, which is consistent with the company's other debt instruments and the counterparty credit rating. NEW YORK (Standard&Poor's) July 27, 2011--Standard&Poor's Ratings Services said today that it assigned its 'BBB-' senior debt rating to Fidelity National Financial Inc.'s (FNF) $300 million senior unsecured convertible notes issue. The notes will mature on Aug. 15, 2018. They are convertible into common stocks under several circumstances, most notably if the stock price were to exceed 130% of the conversion price for specified periods. FNF will use part of the proceeds
