Fitch affirms Eaton

Fitch Ratings said it affirmed the ratings for Eaton Corp. as follows: issuer default rating A, senior unsecured bank facilities A, senior unsecured debt A, short-term issuer default rating F1 and commercial paper F1.

The outlook is negative.

The agency said that Eaton's ratings remain on negative outlook as a result of an increase in the company's leverage largely due to acquisitions.

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