S&P Rates Tyco Intl Comm Prog A-2 ;AMP Still on Watch - S&P Global Ratings’ Credit Research

S&P Rates Tyco Intl Comm Prog A-2 ;AMP Still on Watch

S&P Rates Tyco Intl Comm Prog A-2 ;AMP Still on Watch - S&P Global Ratings’ Credit Research
S&P Rates Tyco Intl Comm Prog A-2 ;AMP Still on Watch
Published Jan 11, 1999
Published Jan 11, 1999
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 1/11/1999 -- Standard&Poor's today assigned its 'A-2' rating to Tyco International Group S.A.'s $1.75 billion 4(2) commercial program and single-'A'-minus ratings to the company's $400 million 6.125% note due 2009 and $800 million 6.875% notes due 2029. The commercial paper program and senior notes are guaranteed by Tyco International Ltd. At the same time, Standard&Poor's affirmed its outstanding ratings on Tyco International Ltd. and related entities (see list below). The outlook is stable. Standard&Poor's ratings on AMP Inc. remain on CreditWatch with positive implications pending the planned merger of AMP with Tyco International Ltd. in a tax-free stock-for-stock transaction, subject to shareholder and regulatory approval (see list below).

  
Report Type:

Ratings Action

Ticker
TYC
Issuer
Johnson Controls International PLC
GICS
Building Products (20102010)
Sector
Global Issuers, Structured Finance
Country
Ireland
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Rates Tyco Intl Comm Prog A-2 ;AMP Still on Watch" Jan 11, 1999. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Tyco-Intl-Comm-Prog-A-2-AMP-Still-on-Watch-89531>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rates Tyco Intl Comm Prog A-2 ;AMP Still on Watch Jan 11, 1999. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rates-Tyco-Intl-Comm-Prog-A-2-AMP-Still-on-Watch-89531>
  
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