Motorola Solutions Inc. Corporate Credit Rating Is Affirmed On Airwave A Outlook Stable

Stocks and Financial Services Press Releases Friday December 4, 2015 09:06
SAN FRANCISCO--4 Dec--Standard & Poor's
SAN FRANCISCO (Standard & Poor's) Dec. 3, 2015--Standard & Poor's RatingsServices affirmed its 'BBB-' corporate credit rating on Motorola SolutionsInc. The outlook is stable.

"The rating reflects our view that the acquisition of U.K.-based communicationservices provider Airwave Solutions Ltd. will modestly improve Motorola'scredit profile given the strong EBITDA from Airwave as well as our expectationthat Motorola intends to repay the proposed bank loan during fiscal 2016,"said Standard & Poor's credit analyst Andrew Chang.

The stable outlook reflects our expectation that Motorola will maintain its"satisfactory" business risk profile despite the current operating weaknessand that its financial policy will remain consistent with an investment-gradeprofile through acquisitions and shareholder returns over the next two years.


Latest Press Release

Wecash Named One of the Top 50 Chinese Global Brands by Facebook and KPMG

Wecash, a fintech company that specializes in financial products powered by smart phones, was named one of the 2018 Top 50 Chinese Global Brands by Facebook and KPMG. Wecash was featured in the list alongside other industry leaders such as Tencent, Ant...

Photo Release: WHA Group Meets Investors, Q2/2018 Opportunity Day

WHA Group, led by Ms. Jareeporn Jarukornsakul (right), Chairman and Group CEO, together with Mr. Arttavit Chalermsaphayakorn (left), Chief Financial Officer of WHA Corporation Pcl., had recently presented the Company's Q2/2018 information at "Opportunity...

USD120,000 at stake in CIMBs 3D Conquest to unearth ASEANs top #digital talents Competition sets path for nurturing crucial skills in data science, FinTech and coding among tertiary students

CIMB Group Holdings Berhad ("the Group" or "CIMB") has launched the CIMB 3D Conquest, a competition that aims to identify and attract ASEAN's top creative, young digital talent with an agile and entrepreneurial mindset. Open to all tertiary students, the...

Allianz to become Worldwide Olympic Insurance Partner

The International Olympic Committee (IOC) and Allianz today announced that the insurer will join the "Worldwide Olympic Partner" (TOP) Programme in 2021. Through this sponsorship agreement, Allianz will work with the IOC to provide innovative and...

BYFX Global Co., Limited Announces Business Launch

BYFX Global Co., Limited (BYFX Global) today announced the launch of its retail and institutional business -- offering clients around the globe top-tier liquidity and online OTC trading for Spot FX and Spot Bullion[1]. Striving towards financial...

Related Topics