PerkinElmer, Inc. — Moody’s assigns Baa3 rating to PerkinElmer’s notes offering

Moody’s Investors Service (“Moody’s”) assigned a Baa3 rating to the proposed offering of senior unsecured 10-year notes of PerkinElmer, Inc. (“PerkinElmer”). There are no changes to Moody’s existing ratings of PerkinElmer including the Baa3 senior unsecured long-term rating. The proposed offering slightly increases PerkinElmer’s financial leverage to just above 4x, which is high for the Baa3 rating.

source https://finance.yahoo.com/m/f8332f9c-2b71-3027-81f1-e4d5dead4cbf/perkinelmer%2C-inc.-moody%27s.html?.tsrc=rss

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.