Molex Electronic Technologies LLC's CP Program Assigned 'A-2' Rating; 'BBB' Corporate Credit Rating Affirmed - S&P Global Ratings’ Credit Research

Molex Electronic Technologies LLC's CP Program Assigned 'A-2' Rating; 'BBB' Corporate Credit Rating Affirmed

Molex Electronic Technologies LLC's CP Program Assigned 'A-2' Rating; 'BBB' Corporate Credit Rating Affirmed - S&P Global Ratings’ Credit Research
Molex Electronic Technologies LLC's CP Program Assigned 'A-2' Rating; 'BBB' Corporate Credit Rating Affirmed
Published Jul 15, 2016
Published Jul 15, 2016
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Abstract:

Global electronics components and solutions provider Molex Electronic Technologies LLC announced that its board has authorized a new $1.5 billion commercial paper program. We are assigning our 'A-2' short-term rating to the company's proposed commercial paper program. In addition, we are affirming our 'BBB' corporate credit rating on Molex. The stable outlook reflects our expectation that the company will maintain its market position and consistent operating performance while upholding its existing financial policies. NEW YORK (S&P Global Ratings) July 15, 2016--S&P Global Ratings today said it affirmed all ratings, including the 'BBB' corporate credit rating, on Lisle, Ill.-based Molex Electronic Technologies LLC. The outlook is stable. We also assigned our 'A-2' short-term corporate credit rating to Molex and our 'A-2'

  
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MLA:
S&P Global Ratings’ Credit Research. "Molex Electronic Technologies LLC's CP Program Assigned 'A-2' Rating; 'BBB' Corporate Credit Rating Affirmed" Jul 15, 2016. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Molex-Electronic-Technologies-LLC-s-CP-Program-Assigned-A-2-Rating-BBB-Corporate-Credit-Rating-Affirmed-1675686>
  
APA:
S&P Global Ratings’ Credit Research. (). Molex Electronic Technologies LLC's CP Program Assigned 'A-2' Rating; 'BBB' Corporate Credit Rating Affirmed Jul 15, 2016. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Molex-Electronic-Technologies-LLC-s-CP-Program-Assigned-A-2-Rating-BBB-Corporate-Credit-Rating-Affirmed-1675686>
  
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