ITT Inc. Retains Investment Grade Credit Ratings with Stable Outlook

Reuters12-16 19:30
<a href="https://laohu8.com/S/ITT">ITT Inc.</a> Retains Investment Grade Credit Ratings with Stable Outlook

ITT Inc. has had its investment grade credit ratings reaffirmed with a stable outlook by Moody's, S&P Global Ratings, and Fitch Ratings following its agreement to acquire SPX FLOW and the completion of a $1.31 billion equity offering. Moody's affirmed ITT's senior unsecured rating at Baa1 and commercial paper rating at Prime-2. S&P Global Ratings affirmed ITT's BBB issuer credit rating and A-2 short-term rating. Fitch Ratings affirmed ITT's BBB+ long-term Issuer Default Rating and F1 short-term rating.

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