Research Update: Roper Technologies Inc.Corporate Credit Rating Raised One Notch To 'BBB+'; Issue-Level Ratings Also Rise; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Roper Technologies Inc.Corporate Credit Rating Raised One Notch To 'BBB+'; Issue-Level Ratings Also Rise; Outlook Stable

Research Update: Roper Technologies Inc.Corporate Credit Rating Raised One Notch To 'BBB+'; Issue-Level Ratings Also Rise; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Roper Technologies Inc.Corporate Credit Rating Raised One Notch To 'BBB+'; Issue-Level Ratings Also Rise; Outlook Stable
Published Feb 21, 2018
8 pages (2841 words) — Published Feb 21, 2018
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

U.S.-based Roper Technologies Inc., which provides software and makes industrial and engineered products, has reduced its debt leverage substantially following its December 2016 acquisitions. We are raising our corporate credit rating on the company by one notch to 'BBB+' from 'BBB', and raising our issue-level ratings at Roper commensurately. The stable outlook reflects our expectation that Roper will continue to generate strong profits and credit measures for the rating will be appropriate during the next two years. On Feb. 21, 2018, S&P Global Ratings raised its corporate credit rating on Roper Technologies Inc. to 'BBB+' from 'BBB', and raised its issue-level ratings on the company's senior notes commensurately. The outlook is stable. Roper performed well in 2017, with the large

  
Brief Excerpt:

...U.S.-based Roper Technologies Inc., which provides software and makes industrial and engineered products, has reduced its debt leverage substantially following its December 2016 acquisitions....

  
Report Type:

Research Update

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GICS
Industrial Conglomerates (20105010)
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Global Issuers
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Roper Technologies Inc.Corporate Credit Rating Raised One Notch To 'BBB+'; Issue-Level Ratings Also Rise; Outlook Stable" Feb 21, 2018. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Roper-Technologies-Inc-Corporate-Credit-Rating-Raised-One-Notch-To-BBB-Issue-Level-Ratings-Also-Rise-Outlook-Stable-1996651>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Roper Technologies Inc.Corporate Credit Rating Raised One Notch To 'BBB+'; Issue-Level Ratings Also Rise; Outlook Stable Feb 21, 2018. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Roper-Technologies-Inc-Corporate-Credit-Rating-Raised-One-Notch-To-BBB-Issue-Level-Ratings-Also-Rise-Outlook-Stable-1996651>
  
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