Report
EUR 174.04 For Business Accounts Only

General Cable Corporation: Prysmian Acquisition of General Cable is Credit Positive

CORPORATES ISSUER COMMENT 5 December 2017 Contacts Karen Nickerson +1.212.553.4924 Senior Vice President [email protected] Glenn B. Eckert, CFA +1.212.553.1618 Associate Managing Director [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA 44-20-7772-5454 General Cable Corporation Prysmian Acquisition of General Cable is Cre
Underlying
General Cable Corporation

General Cable is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. Additionally, the company is engaged in the design, integration, and installation on a turn-key basis for products such as high and extra-high voltage terrestrial and submarine systems. The company four geographic operating and reportable segments are North America, Europe, Latin America, and Africa/Asia Pacific. The majority of products sold by the company's four segments include electric utility, electrical infrastructure, communications, construction, and rod mill.

Provider
Moody's Investors Service
Moody's Investors Service

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
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    76,000 structured finance obligations



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