Moody's: Carlisle unchanged

Moody's Investors Service said Carlisle Cos. Inc.'s Baa2 senior unsecured rating is unaffected by its proposed acquisition of Hawk Corp., which has B2 ratings and a negative view, for $413 million in cash.

Although Carlisle is expected to incur incremental debt to fund the acquisition, Moody's said its leverage, prospective interest coverage and cash flow metrics are expected to remain representative of the rating category.

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