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Fitch affirms Hubbell
Fitch Ratings said it affirmed the ratings for Hubbell Inc., including its issuer default rating at A, senior credit facilities at A, senior debt at A, short-term issuer default rating at F1 and commercial paper at F1.
The outlook is stable.
Hubbell's ratings reflect its solid liquidity, conservative financial policies, strong market presence and stable operating margins, the agency said.
The debt-to-EBITDA ratio at March 31 was about 1.3 times.
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