TEXT-Fitch affirms Xylem 'BBB' issuer default rating
Oct 26 - Fitch Ratings has affirmed Xylem Inc.'s (XYL) Issuer Default Rating (IDR) and senior unsecured notes at 'BBB', and its Short- term IDR at 'F2'. The Rating Outlook is Stable. Approximately $1.2 billion debt is affected by the affirmation. A full list of ratings follows at the end of this release. The ratings are supported by XYL's solid liquidity, strong margins and good operating performance including solid cash generation. The company's margins are bolstered by sizable aftermarket
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