E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/28/2019 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch might lift Allergan

Fitch Ratings said it placed the ratings of Allergan plc and its subsidiaries on rating watch positive.

The agency said the positive watch is supported by AbbVie's proposal to acquire Allergan and assume its debt obligations.

Fitch said it expects that the combined company will operate with a credit profile at least commensurate with a BBB- rating or potentially a BBB rating.


© 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.