Graphic Control Off S&PWatch; Tyco Intl's Ratings Afmd - S&P Global Ratings’ Credit Research

Graphic Control Off S&PWatch; Tyco Intl's Ratings Afmd

Graphic Control Off S&PWatch; Tyco Intl's Ratings Afmd - S&P Global Ratings’ Credit Research
Graphic Control Off S&PWatch; Tyco Intl's Ratings Afmd
Published Nov 03, 1998
Published Nov 03, 1998
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 11/2/98 -- Standard&Poor's today affirmed its ratings on Tyco International Ltd. and related entities (see list below). At the same time, Standard&Poor's raised its ratings on Graphic Controls Corp. and removed the ratings from CreditWatch, where they were placed Sept. 24, 1998 (see list below). The outlook on both companies is stable. The rating actions follow completion of Tyco International's acquisition of Graphic Controls for about $460 million in cash and assumed debt. The transaction will be accounted for as a purchase. Buffalo, N.Y.-based Graphic Controls is a manufacturer of disposable medical equipment including patient recording consumables, electrodes and accessories, items used in cardiology, and industrial recording supplies. This acquisition,

  
Report Type:

Ratings Action

Ticker
TYC
Issuer
GICS
Building Products (20102010)
Sector
Global Issuers, Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Graphic Control Off S&PWatch; Tyco Intl's Ratings Afmd" Nov 03, 1998. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Graphic-Control-Off-S-PWatch-Tyco-Intl-s-Ratings-Afmd-82308>
  
APA:
S&P Global Ratings’ Credit Research. (). Graphic Control Off S&PWatch; Tyco Intl's Ratings Afmd Nov 03, 1998. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Graphic-Control-Off-S-PWatch-Tyco-Intl-s-Ratings-Afmd-82308>
  
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