Moody’s rates Emerson Electric notes A2

Moody's Investors Service said it assigned an A2 rating to Emerson Electric Co.'s new senior notes due 2024.

The issuance does not impact other ratings of Emerson, including the A2 senior unsecured or P-1 short-term ratings, Moody’s said.

The outlook is stable.

“Emerson's debt ratings reflect the company's sizeable and broadly diversified revenue base, and its leading market positions among its largest product offerings,” the agency said in a news release.

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