Moody's rates Stanley Black & Decker notes Baa1

Moody's Investors Service said it assigned a Baa1 rating to Stanley Black & Decker Inc.'s $400 million senior unsecured notes due 2021 and has affirmed the company's existing ratings, including its Baa1 senior unsecured rating and its Prime-2 short-term rating.

The outlook remains stable.

Moody's said the company's scale, strong market share, brand recognition, substantial cash flows, business line and geographic diversity, healthy liquidity profile, and historically conservative financial policies support its Baa1 senior unsecured credit rating.

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