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Published on 11/18/2011 in the Prospect News Investment Grade Daily.

Moody's: Brink's notes Baa3

Moody's Investors Service said it assigned a Baa3 rating to The Brink's Co.'s $400 million unsecured revolving credit agreement.

The outlook is stable.

Moody's said the rating reflects Brink's market leadership across a number of security related services, which have been consistently profitable and, historically, free cash flow generative.

The rating recognizes a globally diversified footprint with ongoing growth prospects linked to GNP trends, still moderate leverage, and a good liquidity profile, according to the agency.


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