E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/24/2007 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Fitch rates Agilent BBB-

Fitch Ratings said it assigned a BBB- rating to Agilent Technologies, Inc.'s proposed $500 million senior unsecured debt offering due 2017.

Agilent has an issuer default rating of BBB- and senior unsecured revolving credit facility of BBB-.

The outlook is stable.

Proceeds will be used for general corporate purposes.

As of July 31, pro forma for the expected $500 million debt issuance, Fitch said it estimates Agilent's total debt-to-operating EBITDA ratio at less than 2.5 times.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.