Fitch affirms Beckman Coulter

Fitch Ratings said it affirmed Beckman Coulter Inc.'s issuer default rating, bank loan and senior unsecured debt at BBB.

The outlook is stable.

In August, Beckman Coulter completed the largest acquisition in its history when it bought the diagnostic testing assets from the Japanese corporation, Olympus. Leverage increased to 1.80 times at Dec. 31 from 1.48 times at the end of 2008. Fitch said that despite the increase, leverage has already fallen below its expectation of lower than 2 times at the end of 2010.

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