Summary: Tyco International Ltd. - S&P Global Ratings’ Credit Research

Summary: Tyco International Ltd.

Summary: Tyco International Ltd. - S&P Global Ratings’ Credit Research
Summary: Tyco International Ltd.
Published Apr 11, 2013
1870 words — Published Apr 11, 2013
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Strong position in global fire protection and commercial security markets Significant base of recurring revenues derived from service and monitoring contracts A focus on improving the profitability of installation revenues in North America Competes with other large building management solutions providers and contractors in fragmented and price competitive markets Exposure to global commercial construction and capital expenditure spending cycles in retail and oil and gas sectors Modest funded debt leverage tempered by contingent liabilities Expected steady cash flow generation Stated acquisition and shareholder return objectives that could result in cash deployment somewhat exceeding free cash flow Unresolved legacy tax liabilities The outlook on Tyco International Ltd. is stable. Standard&Poor's Ratings Services expects financial leverage to be at or

  
Brief Excerpt:

RESEARCH Summary: Tyco International Ltd. Publication date: 11-Apr-2013 Primary Credit Analyst: Gregoire Buet, New York (1) 212-438-4122; gregoire_buet@standardandpoors.com Secondary Contact: John R Sico, New York (1) 212-438-1000;...

  
Report Type:

Summary

Ticker
TYC
Issuer
Johnson Controls International PLC
GICS
Building Products (20102010)
Sector
Global Issuers
Country
Ireland
Region
Europe, Middle East, Africa
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Tyco International Ltd." Apr 11, 2013. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Tyco-International-Ltd-1114992>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Tyco International Ltd. Apr 11, 2013. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Tyco-International-Ltd-1114992>
  
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