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Published on 10/12/2012 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch lifts Cummins

Fitch Ratings said it has upgraded Cummins, Inc.'s issuer default rating and long-term debt ratings to A from A-.

The outlook is stable.

The upgrade of Cummins' ratings incorporates the company's strong operating profile, consistently low leverage, financial flexibility and long-term improvement in operating margins, Fitch said.


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