Global Primary Cell and Battery Market to 2017 - Market Size, Growth, Forecasts and Leading Companies in Over 60 Countries
- Language: English
- Published: September 2013
- Region: Global
NEW YORK (Standard & Poor's) Nov. 8, 2001--Standard & Poor's today assigned its single-'A'-minus ratings to Johnson Controls Inc.'s $350 million senior notes due 2006 and its $250 million senior notes due 2003. All existing ratings on the company are affirmed (see list below). The outlook is stable. Total debt as of Sept. 29, 2001, was about $1.7 billion. Proceeds from the debt issues will be used to refinance short-term debt associated with the recent acquisitions of Hoppecke Automotive GmbH & Co. and the automotive electronics business of Sagem SA. The ratings reflect Johnson Controls' leading positions in the automotive supply and building controls industries, and its moderate financial profile. Johnson Controls' automotive group accounts for 75% of total company...
Companies mentioned in this report are: Johnson Controls Inc.,Hoover Universal Inc.
Action: New Rating
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Research type: News
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Johnson Controls Inc.,Hoover Universal Inc.