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Published on 12/21/2009 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

Moody's : Roper unchanged

Moody's Investors Service said that the $124 million equity offering announced by Roper Industries, Inc. is a positive event that should enhance the company's liquidity position, but that the size of the offering is relatively modest and it does not have an immediate impact on the company's Baa3 rating or stable outlook.

Moody's said that its most recent rating action on Roper was on Aug. 26, at which time Moody's assigned a Baa3 rating to the company's senior unsecured notes offering.


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