Report
EUR 217.56 For Business Accounts Only

Itron, Inc.: New issuer - High initial financial leverage but meaningful de-leveraging anticipated

CORPORATES CREDIT OPINION 6 December 2017 New Issue RATINGS Itron, Inc. Domicile Liberty Lake, Washington, United States Long Term Rating Ba3 Type LT Corporate Family Ratings - Dom Curr Outlook Stable Please see the  ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Jadijhe (Gigi) Adamo
Underlying
Itron Inc.

Itron is engaged in the Industrial Internet of Things, providing solutions that enable utilities and municipalities to operate their infrastructure. The company's solutions include the deployment of smart networks, software, services, devices, sensors, and data analytics. The company's solutions and data analytics address the challenges facing the energy, water, and municipality sectors, including non-technical loss, leak detection, and environmental and regulatory compliance. The company also provides managed services, software-as-a-service, technical support services, licensing hardware technology, and consulting services. The company operates under three segments: Device Solutions, Networked Solutions, and Outcomes.

Provider
Moody's Investors Service
Moody's Investors Service

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