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Published on 9/5/2019 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch rates Hewlett Packard notes BBB+

Fitch Ratings said it assigned a BBB+ rating to Hewlett Packard Enterprise Co.’s senior notes offering.

Hewlett Packard sold $500 million of 18-month floating-rate senior notes and $1 billion of 2.25% fixed-rate senior notes due 2023.

The senior notes will be pari passu with all of the company’s existing and future senior unsecured indebtedness, the agency said.

Proceeds will be used to refinance upcoming maturities, including $1.1 billion of notes due Oct. 4.


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