Altra Industrial Motion Corp.: Update to credit analysis - healthy free cash flow expected to continue meaningful debt reduction
Larger, pro-forma combined revenue scale post Fortive A&S acquisition balanced against cash flow improvement expected from working capital efficiencies and synergy realization to de-lever.Altra Industrial Motion is a designer, producer and marketer of a range of electromechanical power transmission motion control products. The company's technologies are used in various motion related applications. The company's segments include: Power Transmission Technologies, which provides various coupling products, clutches, brakes, electromagnetic clutches and brakes, and gears; and Automation and Specialty, which provides rotary precision motion solutions, miniature motors and motion control products, systems that enable and support the transition of rotary motion to linear motion, and heavy-duty diesel engine brake systems and valve actuation mechanisms.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.