Moody’s revises Aon view to positive

Moody’s Investors Service said it changed its outlook for Aon plc to positive from stable and affirmed the Baa2 rating on the company’s senior unsecured debt.

The improved outlook reflects Aon’s “record of improving profitability, its healthy free cash flow, and Moody's expectation that Aon will maintain financial leverage toward the low end of its historical range,” the agency said in a press release.

Moody’s also assigned a provisional (P) Baa2 rating to the issuer’s new multi-purpose shelf registration.

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