Fitch Rates Baxter’s Proposed Debt Offering ‘A’; Outlook Stable (Business Wire)
CHICAGO—-Fitch has assigned an ‘A’ rating to Baxter International Inc’s. proposed debt offering of 10-year senior unsecured notes. Baxter intends to use the net proceeds from the sale for general corporate purposes, which may include the repayment of outstanding indebtedness and certain net investment hedges.