Danaher Corp. Downgraded To 'A' Following Completion Of Pall Corp. Acquisition; Off CreditWatch Negative; Outlook Stable - S&P Global Ratings’ Credit Research

Danaher Corp. Downgraded To 'A' Following Completion Of Pall Corp. Acquisition; Off CreditWatch Negative; Outlook Stable

Danaher Corp. Downgraded To 'A' Following Completion Of Pall Corp. Acquisition; Off CreditWatch Negative; Outlook Stable - S&P Global Ratings’ Credit Research
Danaher Corp. Downgraded To 'A' Following Completion Of Pall Corp. Acquisition; Off CreditWatch Negative; Outlook Stable
Published Aug 31, 2015
Published Aug 31, 2015
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Abstract:

U.S.-based Danaher Corp. announced that it has completed its acquisition of U.S.-based filtration and separation equipment and products manufacturer Pall Corp. We are lowering our long-term corporate credit rating and senior unsecured debt ratings on Danaher Corp. to 'A' from 'A+'. At the same time, we are removing our long-term corporate credit rating and senior unsecured debt ratings on the company from CreditWatch with negative implications. The stable outlook reflects our expectation that the company's adjusted leverage will decline over the next two years as it uses its strong free operating cash flow generation to repay some of its debt. NEW YORK (Standard&Poor's) Aug. 31, 2015--Standard&Poor's Ratings Services said today that it has lowered its long-term

  
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Ratings Action

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Health Care Equipment (35101010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Danaher Corp. Downgraded To 'A' Following Completion Of Pall Corp. Acquisition; Off CreditWatch Negative; Outlook Stable" Aug 31, 2015. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Danaher-Corp-Downgraded-To-A-Following-Completion-Of-Pall-Corp-Acquisition-Off-CreditWatch-Negative-Outlook-Stable-1445117>
  
APA:
S&P Global Ratings’ Credit Research. (). Danaher Corp. Downgraded To 'A' Following Completion Of Pall Corp. Acquisition; Off CreditWatch Negative; Outlook Stable Aug 31, 2015. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Danaher-Corp-Downgraded-To-A-Following-Completion-Of-Pall-Corp-Acquisition-Off-CreditWatch-Negative-Outlook-Stable-1445117>
  
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