S&P Rates Bristol-Myers Squibb US$200M Euro CP Prog - S&P Global Ratings’ Credit Research

S&P Rates Bristol-Myers Squibb US$200M Euro CP Prog

S&P Rates Bristol-Myers Squibb US$200M Euro CP Prog - S&P Global Ratings’ Credit Research
S&P Rates Bristol-Myers Squibb US$200M Euro CP Prog
Published Nov 20, 1998
Published Nov 20, 1998
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NY -- Standard&Poor's CreditWire 11/20/98 -- Standard&Poor's today assigned its 'A-1'-plus rating to Bristol-Myers Squibb Co.'s US$200 million Euro commercial paper program. At the same time, Standard&Poor's affirmed its triple-'A' corporate credit, senior unsecured debt, and bank loan ratings, preliminary triple-'A' shelf debt rating, and its 'A-1'-plus rating on the company's existing U.S. commercial paper program for Bristol-Myers Squibb Co. The outlook remains stable. The ratings continue to reflect Bristol-Myers' position as one of the world's largest pharmaceutical firms, the company's diverse and growing revenue base, and its solid financial position. Bristol-Myers' pharmaceutical operations, which account for about 60% of total sales, anchor a broad business portfolio. The company's best-selling product, Pravachol, a heart

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Pharmaceuticals (35202010)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "S&P Rates Bristol-Myers Squibb US$200M Euro CP Prog" Nov 20, 1998. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Bristol-Myers-Squibb-US-200M-Euro-CP-Prog-83203>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates Bristol-Myers Squibb US$200M Euro CP Prog Nov 20, 1998. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Bristol-Myers-Squibb-US-200M-Euro-CP-Prog-83203>
  
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