NEW YORK (Standard&Poor's CreditWire) Feb. 4, 1999--Standard&Poor's today assigned its 'A-1' rating to AlliedSignal Inc.'s extendible commercial notes program. Proceeds of the notes will be used for general corporate purposes. At the same time, Standard&Poor's affirmed its single-'A' corporate credit, senior unsecured debt, and bank loan ratings, and its 'A-1' commercial paper rating on the company. The outlook is stable. The ratings on AlliedSignal are supported by solid competitive positions in the aerospace, fibers, plastics, specialty chemicals, automotive, and advanced materials areas. The ratings also reflect a strong financial profile, characterized by good profitability and cash flow generation. Stability of results is enhanced by diversity of products and customers, significant aftermarket sales, and substantial
