E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/8/2010 in the Prospect News Investment Grade Daily.

Moody's: Harris unaffected

Moody's Investors Service said that Harris Corp.'s Baa1 long-term rating is unaffected by the plan to acquire Schlumberger's satellite communications unit.

The agency said it expects credit metrics will remain solid for the rating, including debt-to-EBITDA comfortably below 2x.


© 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.