S&P rates Amphenol notes BBB+

S&P said it assigned a BBB+ rating Amphenol Technologies Holding GmbH’s proposed offering of €500 million of unsecured notes.

Proceeds will be used to repay revolver borrowings. S&P said it considers the offering leverage-neutral.

` The issuer is a subsidiary of Amphenol Corp.

The agency affirmed Amphenol’s BBB+ rating.

The outlook is stable.

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