Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for General Dynamics Corp. > News item |
S&P trims General Dynamics view to negative
S&P said it revised its outlook on General Dynamics Corp. to negative from stable and affirmed its A+/A-1 corporate credit rating on the company.
The affirmation reflects a belief that, although the proposed debt-financed acquisition (which is somewhat larger than S&P had expected) will cause General Dynamics' credit measures to deteriorate from their very strong levels, the company has a credible plan to reduce its debt over the next few years, S&P said in a news release.
© 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.