DBRS confirms Honeywell

DBRS said it confirmed the senior unsecured debt rating of Honeywell International Inc. at A with a stable trend.

The commercial-paper ratings of Honeywell and its subsidiaries also were confirmed at R-1 (low) with stable trends.

The confirmations recognize that the company has fully recovered from the deep recession with credit metrics back to pre-recession levels, DBRS said.

The company is well positioned in its key business segments to benefit from global growth especially in emerging markets, the agency added.

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