Fitch Affirms Caterpillar's IDR at 'A'; Outlook Stable (Fitch Inc)

(Source: Fitch Inc) 27 Oct 2015 4:41 PM GMT/UTC Fitch Ratings-Chicago-27 October 2015: Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and long-term debt ratings at 'A' for Caterpillar Inc. (CAT), Caterpillar Financial Services Corporation (CFSC), and certain of CFSC's subsidiaries. Fitch has affirmed the companies' short-term ratings at 'F1'. The Rating Outlook is Stable. A full list of rating actions follows at the end of this release. KEY RATING DRIVERS The affirmation of CAT's ratings reflects the company's liquidity and operating flexibility that should enable it to mitigate the impact of the cyclical downturn in its end markets, including mining which is expected to enter...