TEXT-Fitch affirms Thomson Reuters IDR at 'A-', outlook is stable
Posted on June 20, 2012 at 12:11 PM EDT
June 20 - Fitch Ratings has affirmed Thomson Reuters Corp.'s (TRI) long-term IDR at 'A-'. The Rating Outlook is Stable. Rating Rationale: --Fitch's ratings for TRI reflect the company's cash flow generating ability, its sound balance sheet and its consistent and conservative financial policies. Fitch expects that TRI will continue to target 2.0 times (x) net unadjusted leverage. --Fitch recognizes that there are meaningful barriers to entry in TRI's core businesses. There are also a limited
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