09.09.2014 18:04:00
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Esterline Technologies Corp. -- Moody's says Esterline's announced intention to sell certain businesses is credit positive; Ba1 CFR unchanged
New York, September 09, 2014 -- Moody's Investors Service said that Esterline Technologies Corporation ("Esterline")'s recent announcement that it approved a plan to sell certain of its businesses is a credit positive event. 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.