Esterline Technologies Aktie
WKN: 856509 / ISIN: US2974251009
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02.10.2014 23:20:00
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Esterline Technologies Corp. -- Moody's says Esterline's proposed acquisition of Barco's aerospace and defense display business is credit positive; Ba1 CFR unchanged
New York, October 02, 2014 -- Moody's Investors Service said that the EUR150 million (approximately $200 million) planned acquisition of publicly-traded Belgium-based Barco N.V. ("Barco")'s aerospace & defense display businesses by Esterline Technologies Corporation ("Esterline") is credit positive. However, Esterline's ratings including its Ba1 Corporate Family Rating ("CFR"), Ba2 unsecured notes rating, SGL-2 speculative grade liquidity rating and stable outlook are unaffected. Esterline expects the transaction to close in December or January.
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