Molex Electronic Technologies LLC 'BBB' Rating Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

Molex Electronic Technologies LLC 'BBB' Rating Affirmed; Outlook Stable

Molex Electronic Technologies LLC 'BBB' Rating Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
Molex Electronic Technologies LLC 'BBB' Rating Affirmed; Outlook Stable
Published May 17, 2016
Published May 17, 2016
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Abstract:

We revised our liquidity assessment on Lisle, Ill.-based Molex Electronics Technologies LLC to strong from adequate because we expect sources of liquidity to exceed uses by at least 1.5x over the next 12 to 24 months. At the same time, we affirmed our 'BBB' corporate credit rating and issue-level ratings on the company. The stable outlook reflects our expectation that the company will maintain its market position and consistent operating performance while upholding its existing financial policies over the next 12 to 24 months. We also expect Molex to continue its relationship with Koch Industries Inc. NEW YORK (S&P Global Ratings) May 17, 2016--S&P Global Ratings today said it affirmed its 'BBB' corporate credit rating on Lisle, Ill.-based Molex Electronics

  
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MLA:
S&P Global Ratings’ Credit Research. "Molex Electronic Technologies LLC 'BBB' Rating Affirmed; Outlook Stable" May 17, 2016. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Molex-Electronic-Technologies-LLC-BBB-Rating-Affirmed-Outlook-Stable-1637276>
  
APA:
S&P Global Ratings’ Credit Research. (). Molex Electronic Technologies LLC 'BBB' Rating Affirmed; Outlook Stable May 17, 2016. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Molex-Electronic-Technologies-LLC-BBB-Rating-Affirmed-Outlook-Stable-1637276>
  
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