21.05.2015 17:52:00

CVS Health -- Moody's affirms CVS Health's Baa1 senior unsecured rating

New York, May 21, 2015 -- Moody's Investors Service today affirmed CVS Health's Baa1 senior unsecured rating following its announcement that it will be acquiring Omnicare, Inc. for $98 per share in a transaction valued at $12.7 billion which Moody's estimates represents over a 20 times LTM EBITDA multiple. CVS Health intends to raise $13 billion of incremental debt in connection with this acquistion. The rating outlook remains stable.

Vollständigen Artikel bei Moodys lesen