Fitch gives CareFusion notes BBB

Fitch Ratings said it has assigned a BBB rating to CareFusion Corp.'s proposed debt offering.

Fitch said it also expects to assign the following ratings to CareFusion, upon its spin-off from Cardinal Health Inc.

Affected ratings include the company's issuer default rating BBB; short-term issuer default rating F2; commercial paper F2; bank facilities BBB; and senior unsecured debt BBB; outlook stable.

The assignment of the bond offering rating and the expected ratings reflect Fitch's assumption that the transaction will take place and the general parameters of key financial metrics will hold, the agency said.

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