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Published on 2/22/2022 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch gives AptarGroup BBB

Fitch Ratings said it gave BBB ratings to AptarGroup UK Holdings Ltd. and Aptar Group, Inc. and their senior unsecured revolver, term loan and notes.

“The BBB rating reflects Aptar's leading positions in pharmaceutical and specialty consumer closures, sealing, dispensing and active material science solutions. The company's strategic position is bolstered by solid organic growth, Aptar's superior technological and product capabilities, and the low-cost and high-performance characteristics of its products,” Fitch said in a press release.

The outlook is stable.


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