NEW YORK (Standard&Poor's) Jan. 9, 2014--Standard&Poor's Ratings Services today assigned its 'BBB+' issue rating to Palo Alto, Calif.-based Hewlett-Packard Co.'s (HP) senior unsecured notes. We expect proceeds from the proposed debt issuance to be used for general corporate purposes, which may include repayment of existing debt. The 'BBB+' corporate credit rating and stable outlook on the company remain unchanged. The ratings reflect HP's "satisfactory" business risk profile and "minimal" financial risk profile. HP's satisfactory business profile is based on the company's leadership position in a number of its markets, global scale and reach, and broad customer base. We view HP's financial risk profile as minimal, incorporating our expectation that the company will maintain adjusted debt (including
