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Prospect News home > News index > List of issuers F > Headlines for Fortive Corp. > News item |
S&P gives BBB to Fortive notes
S&P said it assigned its BBB issue-level rating to Fortive Corp.'s planned benchmark-sized offering.
The rating is in line with those on Fortive’s outstanding senior unsecured notes.
The company intends to use the proceeds to fund the repayment of its commercial paper and term loans and will use anything left for general corporate purposes.
The outlook is stable.
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