Dover Corporation: Dover's A3 rating unaffected by planned divestiture of energy business, but credit positive
CORPORATES ISSUER COMMENT 12 September 2017 RATINGS Dover Corporation Senior Unsecured Long Term Rating A3 Short Term Rating P-2 Outlook Stable Source: Moody's Investors Service Contacts David Berge, CFA 212-553-1039 Senior Vice President [email protected] Robert Jankowitz 212-553-1318 MD-Corporate Finance [email protected] CLIENT SERVICES AmericasDover is a manufacturer and solutions provider. The company provides services through five segments: Engineered Products, which provides a range of products, software and services; Fueling Solutions, which provides components, equipment and software and service solutions enabling transport of fuels and other hazardous fluids; Imaging and Identification, which includes supplying precision marking and coding; Pumps and Process Solutions, which includes manufacturing of pumps; and Refrigeration and Food Equipment, which provides equipment and systems that serve the commercial refrigeration, heating and cooling and food equipment markets.
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