Johnson Controls International PLC U.S. And Euro-Denominated Commercial Paper Rated 'A-2' - S&P Global Ratings’ Credit Research

Johnson Controls International PLC U.S. And Euro-Denominated Commercial Paper Rated 'A-2'

Johnson Controls International PLC U.S. And Euro-Denominated Commercial Paper Rated 'A-2' - S&P Global Ratings’ Credit Research
Johnson Controls International PLC U.S. And Euro-Denominated Commercial Paper Rated 'A-2'
Published Dec 22, 2016
3 pages (1162 words) — Published Dec 22, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Dec. 22, 2016--S&P Global Ratings today assigned its 'A-2' rating to Johnson Controls International PLC's new $2 billion U.S. commercial paper program and its euro-denominated 2 billion euro-commercial paper (CP) program. The company intends to use the CP programs, which are backed by its $2 billion revolving credit facility, for general corporate purposes. All of our other ratings on Johnson Controls International PLC, including our 'BBB+/A-2' corporate credit rating, remain unchanged. For our complete corporate credit rating rationale, please see our research update on Johnson Controls International PLC, published Aug. 25, 2016, on RatingsDirect. RELATED CRITERIA Criteria - Corporates - General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 Criteria -

  
Brief Excerpt:

STANDARD & POOR'S, S&P and RATINGSDIRECT are registered trademarks of Standard & Poor's Financial Services LLC. S&P may receive compensation for its ratings and certain analyses, normally from issuers or underwriters of securities or...

  
Report Type:

Ratings Action

Ticker
TYC
Issuer
Johnson Controls International PLC
GICS
Building Products (20102010)
Sector
Global Issuers
Country
Ireland
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Johnson Controls International PLC U.S. And Euro-Denominated Commercial Paper Rated 'A-2'" Dec 22, 2016. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Johnson-Controls-International-PLC-U-S-And-Euro-Denominated-Commercial-Paper-Rated-A-2-1778109>
  
APA:
S&P Global Ratings’ Credit Research. (). Johnson Controls International PLC U.S. And Euro-Denominated Commercial Paper Rated 'A-2' Dec 22, 2016. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Johnson-Controls-International-PLC-U-S-And-Euro-Denominated-Commercial-Paper-Rated-A-2-1778109>
  
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