...NEW YORK (S&P Global Ratings) Sept. 6, 2017--S&P Global Ratings today said it assigned its 'A+' debt rating to three issuances of Visa Inc.'s senior unsecured notes due 2022, 2027, and 2047. We expect the company to use the proceeds for general corporate purposes and to help pay off the $1.75 billion of senior notes due in December 2017. Our 'A+' long-term issuer credit rating on Visa reflects its very strong market position in operating the world's largest electronics payment network and its low leverage. The outlook on the rating is stable based on our expectation that Visa will maintain its strong financial position and avoid any outsized increase in legal losses. RELATED CRITERIA + Criteria - Corporates - General: Methodology And Assumptions: Liquidity Descriptors For Global Corporate Issuers, Dec. 16, 2014 + Criteria - Financial Institutions - General: Issue Credit Rating Methodology For Nonbank Financial Institutions And Nonbank Financial Services Companies, Dec. 9, 2014 + Criteria...
