Moody's Ratings assigns A3 issuer rating to Ametek, Inc.; outlook stable
Moody's Ratings (Moody's) assigned new ratings to Ametek, Inc. (Ametek) including an A3 long-term issuer rating and a P-2 short term rating to the company's new $2.3 billion commercial paper program. The outlook is assigned stable. Ametek's debt structure is primarily comprised of senior unsecured...AMETEK is a manufacturer of electronic instruments and electromechanical devices. Electronic Instruments operating group is engaged in the design and manufacture of analytical, test and measurement instruments for the process, aerospace, medical, research, power and industrial markets. This segment includes process and analytical instrumentation markets and products, and aerospace and power instrumentation markets and products. Electromechanical operating group is engaged in supplying automation solutions, thermal management systems, metals and electrical interconnects. This segment includes automation and engineered solutions markets and products; and aerospace markets and products.
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