Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Becton, Dickinson & Co. > News item |
Moody's could cut Becton, rates loan A2
Moody's Investors Service said it placed Becton, Dickinson and Co.'s A2 long-term and Prime-1 short-term ratings under review for downgrade.
Moody's also assigned an A2 rating to Becton, Dickinson's new $1 billion five-year revolving credit facility and a provisionalA2 senior shelf rating to its new shelf and placed these ratings under review for downgrade.
Moody's said the review is based on its concern that cash flow levels are not likely to improve sufficiently to offset higher debt levels.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.