FLEX's 'BBB-' Rating Unaffected by NEXTracker Acquisition

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings believes the ratings for Flextronics International Ltd. (FLEX), including the company's 'BBB-' Long-Term Issuer Default Rating and Stable Rating Outlook, are unaffected by the acquisition of NEXTracker. Fitch currently rates $4.2 billion of debt for FLEX, including the undrawn $1.5 billion revolving credit facility (RCF). A full list of current ratings follows at the end of this release. Fitch expects the acquisition of NEXTracker, a smart solar tracking

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