Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Amgen Inc. > News item |
Moody's rates Amgen notes Baa1
Moody's Investors Service said it assigned a rating of Baa1 to the new senior unsecured note issuance of Amgen Inc.
There are no changes to Amgen's existing ratings including the Baa1 senior unsecured long-term rating and the Prime-2 short-term rating.
The outlook is stable.
"Continuation of debt-financed share repurchases is credit-negative, but remains consistent with Moody's expectations in downgrading Amgen to Baa1 from A3 in November 2011," said Michael Levesque, a Moody's senior vice president, in a news release.
© 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.