S&P rates Stanley Black & Decker notes A

Standard & Poor's said it assigned an A rating to Stanley Black & Decker Inc.'s proposed senior unsecured notes due 2022.

The proceeds will be used for general corporate purposes, including repayment of short-term indebtedness.

The ratings reflect the company's strong business risk, marked by good geographic and product diversity, leading positions in security products, consumer and professional hand and power tools and industrial tools, S&P said.

The ratings also consider its track record of consistent profitability, the agency added.

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