Report title: Research Update: Equifax Inc. 'BBB+' Rating Affirmed; 'BBB+' Issue Rating Assigned; Outlook Stable
from S&P Credit Research
1406 word report published Nov 04, 2009

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Abstract: Atlanta Ga.-based Equifax proposed an issuance of $250 million senior notes due 2014, which would be used to repay outstanding borrowings under the company's commercial paper program, including amounts used to finance recent acquisitions. We affirmed our rating on Equifax and assigned our 'BBB+' rating to the new issue. The outlook is stable, reflecting a strong market position, a large recurring revenue base, and a moderate financial policy. On Nov. 4, 2009, Standard&Poor's Ratings Services affirmed its 'BBB+' rating on Atlanta-based Equifax Inc. The outlook is stable. At the same time we assigned a 'BBB+' issue rating to the proposed $250 million senior notes due December 2014. The proposed note issuance will be used to repay existing debt,

Brief Excerpt: RESEARCH Ratings Definitions Research Update: Equifax Inc. '###+' Rating Affirmed; '###+' Issue Rating Assigned; Outlook Stable Publication date: 04-Nov-2009 Primary Credit Analyst: Martha Toll-Reed, New York (1) 212-438-7867; molly_toll-reed@standardan...

Report Type: Research Update
Ticker: EFX
Issuer: Equifax Inc.
Sector: Global Issuers
Country: United States
Region: United States
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