S&P Rates Danaher Corp Cred,$300M Notes A+;Outlk Stab - S&P Global Ratings’ Credit Research

S&P Rates Danaher Corp Cred,$300M Notes A+;Outlk Stab

S&P Rates Danaher Corp Cred,$300M Notes A+;Outlk Stab - S&P Global Ratings’ Credit Research
S&P Rates Danaher Corp Cred,$300M Notes A+;Outlk Stab
Published Sep 22, 1998
Published Sep 22, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 9/22/98 -- Standard&Poor's today assigned its single-'A'-plus corporate credit rating to Danaher Corp. and its single-'A'-plus rating to the company's $300 million notes due 2028 and $250 million bank revolving credit facility. The outlook is stable. The bank loan is rated the same as the corporate credit rating. Since the facility is unsecured, the banks will fare the same as other senior creditors in the event of a default. Proceeds from the debt issue will be used to repay a substantial portion of the borrowings incurred to fund the 1998 Pacific Scientific Co. acquisition. The ratings reflect an above-average business profile together with a sound balance sheet, strong cash flow generation, and

  
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Health Care Equipment (35101010)
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Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "S&P Rates Danaher Corp Cred,$300M Notes A+;Outlk Stab" Sep 22, 1998. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Danaher-Corp-Cred-300M-Notes-A-Outlk-Stab-32231>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates Danaher Corp Cred,$300M Notes A+;Outlk Stab Sep 22, 1998. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Danaher-Corp-Cred-300M-Notes-A-Outlk-Stab-32231>
  
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