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Prospect News home > News index > List of issuers F > Headlines for Fairchild Semiconductor International Inc. > News item |
S&P ups Fairchild
Standard & Poor's said that it raised the corporate credit rating on Fairchild Semiconductor International Inc. to BB+ from BB.
The outlook is stable.
The rating on Fairchild reflects the company's improved financial risk profile from significant to intermediate, characterized by the ongoing debt reductions and lower leverage as well as the expectation that the financial policy will remain consistent with current levels, the agency said.
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