Moody’s assigns Becton Dickinson notes Ba1

Moody’s Investors Service said it assigned a Ba1 rating to the new senior unsecured note issuance by Becton, Dickinson and Co.

Proceeds will be used to tender for various near-dated debt maturities. “The transaction is credit positive as it is leverage-neutral and will extend BD’s debt maturity profile,” Moody’s said in a press release.

There are no changes to the company’s ratings, and the outlook remains positive.

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