Fitch Ratings Affirms Halliburton's IDR At 'A-'; Outlook Stable

(RTTNews) - Fitch Ratings said Wednesday that it has affirmed Halliburton Co's (HAL) Long-term Issuer Default Rating at 'A-'.

The Rating Outlook is Stable.

About $7.8 billion of debt is affected by the rating action.

Fitch said Halliburton's ratings consider its operational and financial flexibility, leading position in the oil & gas services sector with strong asset quality and a global footprint, strengthening international operations, and manageable through-the-cycle pro forma leverage profile.

An additional consideration is the added scale and, in some cases, technological improvements the pending Baker Hughes Inc. (BHI) deal will provide, the rating agency added.