S&P affirms Teleflex

S&P said it affirmed the BB+ rating on Teleflex Inc., reflecting the rating agency’s expectation that the company will deleverage in coming quarters, its financial policy will remain relatively conservative and it will have solid top-line growth with expanding margins.

The outlook remains negative, however.

S&P said the outlook reflects the risk that the company’s financial policy becomes more aggressive f and that adjusted debt leverage will remain above three times for several years.

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