| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers H > Headlines for Heico Cos. LLC > News item |
S&P affirms Heico
S&P said it affirmed its BBB- corporate credit rating on Heico Cos. LLC.
The outlook is stable.
“The affirmation reflects our belief that Heico will maintain credit measures within our expectations for the rating. We expect leverage under 2x and FFO to debt over 45% over the next two years,” the agency said in a news release.
“The rating incorporates our expectation that Heico will still occasionally provide funding to support certain unrestricted subsidiaries but that it may be selective.”
© 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.