Business Wire - Fitch Rates Abbott’s $4B Senior Notes ‘AA-’
Wednesday, October 29th, 2008 CHICAGO — Fitch has assigned an ‘AA-’ rating to Abbott Laboratories’ (Abbott) proposed public issuance of $4 billion of senior notes. The notes will be offered in three tranches with three-year, five-year, and 10-year terms. The Rating Outlook is Stable.
Abbott’s ratings are:
— Issuer Default Rating (IDR) ‘AA-’;
— Bank loan debt ‘AA-’;
— Senior unsecured debt ‘AA-’;
— Co…
