Moody's Assigns Baa3 to ITT Inc.'s amended and extended revolving credit facility
Approximately $500 million of rated debt affected. New York, December 29, 2016-- Moody's Investors Service assigned a Baa3 senior unsecured rating to ITT Inc.' s $500 million Amended and Extended Revolving Credit Facility set to mature in November 2021. This is an extension of the $500 million Revolving Credit Facility of ITT Corporation, which was assumed by ITT Inc. earlier this year. Moody's also withdrew the rating on the Revolving Credit Facility that was scheduled to...
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.