Fitch rates Beckman Coulter notes BBB

Fitch Ratings said it has assigned a BBB rating to Beckman Coulter, Inc.'s proposed public issuance of $500 million senior unsecured notes, comprising of $250 million of six-year notes and $250 million of 10-year notes.

Proceeds from the senior unsecured debt are expected to be used for general corporate purposes and to finance the purchase of the diagnostic assets of the Japanese conglomerate, Olympus, the agency noted.

Fitch said it rates Beckman Coulter as follows: issuer default rating BBB; bank loan BBB; and senior unsecured debt BBB.

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