NEW YORK (GenomeWeb) – Fitch Ratings has assigned a BBB rating to the $1.2 billion senior notes offering announced today by Quest Diagnostics. 

Fitch also said the rating outlook is stable. It said in a statement that the refinancing will raise Quest's debt leverage this year to be temporarily elevated but that it anticipates the debt to be repaid and Quest's total debt balances to be reduced to about $3.8 billion by the end of the year. 

To read the full story....

Register for Free.

...and receive Daily News bulletins.

Already have a GenomeWeb or 360Dx account?
Login Now.

Though many details have yet to be worked out, the draft deal for the UK's withdrawal from the EU is giving researchers some hints for what they can expect, Nature News says.

DNA testing has solved a 100-year-old mystery contained in the skull and teeth samples of a now-extinct monkey that once inhabited Jamaica, Gizmodo reports.

As the UN ponders a ban on gene drives, one malaria researcher says there are less dramatic ways to fight the disease in Africa than unleashing GM mosquitoes on a whole continent.

In Nature this week: an improved reference genome of the Aedes aegypti mosquito, genomes of four species of truffles, and more.