S&P shifts Owens & Minor view to stable

S&P said it revised Owens & Minor Inc.’s outlook to stable from positive and affirmed all its ratings on the company.

The company is acquiring Apria Health. S&P sees the Owens & Minor’s pro forma leverage at roughly 4x as of the end of 2022.

“The stable outlook reflects our expectation that Owens & Minor's leverage will likely remain above 3.5x over the next year,” the agency said in a press release.

© 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.