NEW YORK (Standard&Poor's) Nov. 5, 2015--Standard&Poor's Ratings Services said today that it has assigned its 'A-' issue-level rating (one notch below the corporate credit rating) to New Britain, Conn.-based Stanley Black&Decker Inc.'s remarketed $632.5 million subordinated notes due November 2018, originally issued as components of the convertible preferred units issued in November 2010. The company will not directly receive any proceeds from the remarketing. However, the proceeds from the remarketing that are attributable to the notes that are part of the units that participated in the remarketing will be used to satisfy the obligations of the holders of the units to purchase the company's convertible preferred stock as per existing purchase contracts. Any remaining
