S&P Rts Tyco International Ltd.'s $2B Shelf Prelim A- - S&P Global Ratings’ Credit Research

S&P Rts Tyco International Ltd.'s $2B Shelf Prelim A-

S&P Rts Tyco International Ltd.'s $2B Shelf Prelim A- - S&P Global Ratings’ Credit Research
S&P Rts Tyco International Ltd.'s $2B Shelf Prelim A-
Published Jan 07, 1998
Published Jan 07, 1998
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Abstract:

NY -- Standard&Poor's CreditWire 1/7/98 -- Standard&Poor's today assigned its preliminary single-'A'-minus senior unsecured debt rating to Tyco International Ltd.'s $2 billion shelf registration. A single-'A'-minus corporate credit rating was also assigned. At the same time, Standard&Poor's affirmed its single-'A'-minus corporate credit, bank loan, and senior unsecured debt ratings on Tyco International (US) Inc., a wholly owned subsidiary of Tyco International Ltd. The outlook is stable. The ratings reflect the strengthening of Tyco's business profile over the past few years, as it has diversified away from purely construction-related businesses and established leading positions in fire and safety services, disposable and specialty products, flow control, and electronic components. This represents a shift to more stable,

  
Report Type:

Ratings Action

Ticker
TYC
Issuer
GICS
Building Products (20102010)
Sector
Global Issuers
Country
Region
Europe, Middle East, Africa
Format:
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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 Rts Tyco International Ltd.'s $2B Shelf Prelim A-" Jan 07, 1998. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-Tyco-International-Ltd-s-2B-Shelf-Prelim-A-11053>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Rts Tyco International Ltd.'s $2B Shelf Prelim A- Jan 07, 1998. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Rts-Tyco-International-Ltd-s-2B-Shelf-Prelim-A-11053>
  
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