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 an account?
Login Now.

A draft bill released by the US House of Representatives appropriations committee would increase the 2019 National Institutes of Health budget by 3 percent.

Bloomberg looks into privacy issues raised by law enforcement's use of genetic genealogy sites.

NBC News reports on the Earth BioGenome Project, which aims to sequence all eukaryotic life on Earth.

In Science this week: environmental DNA can help in studies of marine animals, and more.