Fitch affirms Enterprise Services notes

Fitch Ratings said it affirmed Enterprise Services LLC's, a wholly owned subsidiary of Perspecta Inc., 7.45% senior unsecured notes due October 2029 at BBB+.

Enterprise Services’ senior unsecured notes outstanding continue to benefit from an irrevocable guarantee of any principal and interest from HP Inc.

As a result, Fitch said it equalizes the rating of the notes with HP's issuer default rating.

HP’s credit profile is unchanged, consistent with its BBB+ long-term issuer default rating and stable outlook, Fitch said.

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