NY -- Standard&Poor's CreditWire 1/26/98 -- Standard&Poor's today assigned its single-'A' rating to AlliedSignal Inc.'s $750 million five-year credit agreement, available for multicurrency advances and commercial paper backup, maturing on June 30, 2002. At the same time, Standard&Poor's affirmed its single-'A' corporate credit and senior unsecured debt ratings, and 'A-1' commercial paper and short-term corporate credit ratings on the company. The outlook is stable. The bank facility is rated single-'A', the same as the corporate credit rating, as it is unsecured and ranks pari passu with other senior obligations. A group of lenders is led by Citibank N.A. (agent), with pricing based on LIBOR, prime rate, or competitive bids. Facility fees and the spread
