Textron Inc.'s Proposed Senior Unsecured Notes Rated'BBB' - S&P Global Ratings’ Credit Research

Textron Inc.'s Proposed Senior Unsecured Notes Rated'BBB'

Textron Inc.'s Proposed Senior Unsecured Notes Rated'BBB' - S&P Global Ratings’ Credit Research
Textron Inc.'s Proposed Senior Unsecured Notes Rated'BBB'
Published Nov 02, 2026
Published Nov 02, 2026
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Nov. 2, 2026--S&P Global Ratings today assigned its ‘BBB’ issue-level rating to Textron Inc.’s proposed $350 million senior unsecured notes, in line with the company’s existing senior unsecured debt. We expect it will use the proceeds to repay its existing $350 million of 3.65% notes maturing in 2027. Our ‘BBB’ issuer credit rating and stable outlook on Textron are unchanged. We view the transaction as leverage neutral and thus expect credit metrics to remain comfortably within our expectations. We expect stable revenue growth over the next 12-24 months, driven by robust government spending in the Bell and Systems segments and resilient demand within Textron Aviation. Bell segment growth is underpinned by a strong $7.5 billion

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Aerospace & Defense (20101010)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

Textron Inc. – 2025/09/10 – US$ 500.00

Textron Inc.'s Proposed Debt Rated 'BBB' – 2025/02/10 – US$ 150.00

Textron Inc. – 2024/08/27 – US$ 500.00

Textron Inc. – 2023/03/14 – US$ 500.00

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Textron Inc.'s Proposed Senior Unsecured Notes Rated'BBB'" Nov 02, 2026. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Textron-Inc-s-Proposed-Senior-Unsecured-Notes-Rated-BBB-3653174>
  
APA:
S&P Global Ratings’ Credit Research. (). Textron Inc.'s Proposed Senior Unsecured Notes Rated'BBB' Nov 02, 2026. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Textron-Inc-s-Proposed-Senior-Unsecured-Notes-Rated-BBB-3653174>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.