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S&P: Agilent unaffected
Standard & Poor's said the announcement by Agilent Technologies Inc. (BBB-/stable) that it received a notice from Merrill Lynch to accelerate Agilent's $1.5 billion debt obligation to July 16 would not have an impact on its rating or outlook.
Agilent's financial profile is solid for the rating, the agency said. As of Jan. 31, the issuer's adjusted debt-to-EBITDA ratio was 0.9 times.
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