Fitch affirms Owens & Minor

Fitch Ratings said it affirmed Owens & Minor Inc.'s issuer default rating at BBB-, senior unsecured credit facility at BBB- and senior unsecured debt at BBB-.

The outlook is stable.

The affirmation reflects continued strong operational and financial performance in the face of a relatively challenging economic environment, according to the agency.

For the 12 months ended March 31, improved profitability and stable debt levels have resulted in leverage of total debt to operating EBITDA of 0.83 times, the agency said.

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