NEW YORK (Standard&Poor's) July 10, 2008--Standard&Poor's Ratings Services today raised its preliminary senior unsecured rating on Roper Industries Inc.'s (BBB-/Stable/--) US$500 million shelf filed under SEC rule 415 on Oct. 24, 2004, to 'BBB-' from 'BB+'. "The action follows Roper's closing on a $1.1 billion unsecured credit facility, consisting of a 2-year $350 million term loan and a five-year $750 million revolving credit facility, which replaced the company's existing secured credit facility that was due in 2009," said Standard&Poor's credit analyst John Sico. The senior unsecured preliminary ratings had been subordinated to the company's secured credit facility. We have withdrawn the ratings on the secured credit facility because it has been retired. The ratings
