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Fitch Affirms Anixter's 'BB+' IDR Following the Announced HD Supply Acquisition

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings for Anixter International, Inc. (Anixter) and its wholly owned operating subsidiary, Anixter Inc., at 'BB+' following the company's announcement it entered into a definitive agreement to acquire the Power Systems business from HD Supply Holdings Inc. for $825 million in cash. The ratings affect $1.6 billion of debt, including undrawn amounts under the company's credit facilities. A full list of current ratings follows at the end o

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