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ABB Treasury Center (USA) Inc. Rated 'A' In Line With Parent ABB Ltd.; Outlook Stable Jun 11
Standard & Poors, June 2011
Abstract
We are assigning our 'A' long-term corporate credit rating to U.S.-based financial vehicle ABB Treasury Center (USA) Inc. At the same time we are affirming the short-term 'A-1' rating, which we equalize with that on company parent ABB Ltd. The outlook is stable, reflecting that on ABB Ltd. STOCKHOLM (Standard & Poor's) June 16, 2011--Standard & Poor's Ratings Services said today that it had assigned its 'A' long-term corporate credit rating to U.S.-based financial vehicle ABB Treasury Center (USA) Inc. At the same time we are affirming the short-term 'A-1' rating, which we equalize with that on company parent ABB Ltd. The outlook is stable, reflecting that on ABB Ltd. The rating on ABB Treasury Center (USA) Inc. reflects our...
Companies mentioned in this report are: ABB Treasury Center (USA) Inc.
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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