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Fitch Assigns First-Time 'BBB' IDR to Fortune Brands Home Security, Inc.; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a long-term Issuer Default Rating (IDR) of 'BBB' to Fortune Brands Home & Security, Inc. (NYSE: FBHS). The Rating Outlook is Stable. KEY RATING DRIVERS The company's 'BBB' rating reflects FBHS's leading market position with strong brand recognition in its each of its product offerings, solid credit metrics, strong liquidity position, and consistent free cash flow (FCF) generation. Risk factors include sensitivity to general economic tren

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