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DBRS confirms Home Depot
DBRS said it confirmed the issuer rating and senior unsecured debt rating of Home Depot, Inc. at A and the commercial paper ratings of Home Depot and Home Depot of Canada Inc. at R-1 (low).
The trend is stable.
The agency said the rating is based on Home Depot’s strong operating performance through the end of third-quarter 2017 combined with its stable leverage target, while considering the company’s planned incremental investments in One Home Depot over the medium term.
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