Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for TE Connectivity Ltd. > News item |
Moody's: Tyco unaffected
Moody's Investor Services said Tyco Electronics Group SA's Baa2 debt rating will not be affected by parent TE Connectivity Ltd.'s announcement that it has agreed to acquire Deutsche Group SAS for $2 billion.
Tyco's positive outlook, however, could be affected depending on the final capital structure, liquidity profile and operating and economic outlook as the closing of the transaction approaches in spring of 2012, the agency said.
© 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.