Fitch Rates Baxalta's Senior Notes Offering 'BBB+'; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns new ratings to Baxalta Incorporated (Baxalta) as follows: --Issuer Default Rating (IDR) of 'BBB+'; --Short-term IDR of 'F2; --Commercial paper program of 'F2'; --Senior unsecured notes of 'BBB+'. The Rating Outlook is Stable. Fitch issued expected ratings for each of these ratings on May 28, 2015. Baxalta is scheduled to be spun off from Baxter International, Inc. (Baxter) on July 1, 2015. Proceeds of Baxalta's new senior unsecured notes offering

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