NEW YORK (Standard&Poor's) Aug. 26, 2009--Standard&Poor's Ratings Services today assigned its 'BBB-' senior unsecured rating to Roper Industries Inc.'s offering of at least $350 million in senior unsecured notes due in 2019. Roper will draw these notes under a previously filed shelf registration. The notes will have a change of control provision. We expect that Roper will use the proceeds from the offering to reduce other debt, primarily on its credit facility. "The ratings on Roper, a diversified manufacturer of industrial products, reflect the company's satisfactory business profile, which is marked by leading positions in profitable niche markets, and by its broad product, end-market, and geographic diversity," said Standard&Poor's credit analyst John Sico. However,
