(The following statement was released by the rating agency)
CHICAGO, August 10 (Fitch) Fitch Ratings has assigned a 'BBB+'
rating to Baxter
International Inc.'s (Baxter) senior unsecured notes offering.
Fitch expects the
net proceeds from the issuance to be used to pay down existing
debt and
short-term borrowings, as well as other general corporate
purposes.
Baxter had approximately $3.2 billion in outstanding debt at
June 30, 2016. A
full list of Baxter's ratings follows at the end of this
Read more
No comments:
Post a Comment