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Fitch Rates Agilent's Note Offering 'BBB+'; Outlook Positive

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Fitch Ratings said Tuesday that it has assigned a 'BBB+' rating to Agilent Technologies, Inc. (A) senior note offering.

The Rating Outlook is Positive.

Fitch said the ratings and Positive Outlook reflect Agilent's strengthening operating profile due to ongoing revenue diversification. As a result, Fitch expects mid-cycle annual free cash flow approaching $1 billion.

The ratings and Outlook also reflect Agilent's conservative financial policies, the rating agency said.

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