Levi Strauss & Co's (Levi) proposed $350m senior unsecured notes due 2007 are rated `BB-' by Fitch.At the same time, the company's $800m `BB-` rated senior unsecured debt, `BB+' rated bridge loan, which holds a first lien on certain assets and its `BB' rated combined 180-day, 364-day and five-year facilities, with a second lien, are affirmed.