Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Mead Johnson Nutrition Co. > News item |
S&P: Mead Johnson to stable
Standard & Poor's said it revised the outlook on Mead Johnson Nutrition Co. to stable from positive.
The agency also affirmed its BBB corporate credit rating and its BBB- senior unsecured debt rating.
The outlook revision to stable from positive reflects the potential impact of further industry consolidation and risks associated with Mead Johnson's brand concentration, S&P said.
The ratings reflect the company's intermediate financial risk profile and satisfactory business risk profile, the agency said.
Key credit factors include the company's product and brand concentration, S&P said, yet substantial market positions, well-recognized brand name and the geographic diversity of its sales.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.