Fitch: Amerisource notes A-

Fitch Ratings said it assigned an A- rating to AmerisourceBergen Corp.'s new senior unsecured notes.

The company also has a long-term issuer default rating of A-, short-term issuer default rating of F2, senior unsecured bank facility rating of A-, senior unsecured notes rating of A- and commercial-paper rating of F2.

A portion of the notes proceeds will be used to fund the company's $250 million acquisition of TheraCom, LLC from CVS Caremark Corp., Fitch said. The deal closed on Nov. 1.

Fitch said it anticipates that the company will direct note proceeds in excess of the TheraCom purchase price toward prefunding the $392 million of notes due September 2012.

The agency said it continues to expect the company to remain committed to operating with leverage below 1.2x to 1.3x over the ratings horizon.

Although the new notes may push leverage outside of this range on a reported basis in the short term, Fitch forecasted that leverage will return to about 1x by the company's fiscal 2012 year-end.

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