Rentokil Initial plc has received credit ratings and research from Fitch and S&P Global, with both providers attributing BBB ratings with a 'Stable' outlook.
In initiating coverage, Fitch noted the Company's global scale and market position, strong service execution, and profitability.
S&P Global acknowledged synergies from the company's acquisition of Terminix in October 2022, including improving free operating cash flow and expected deleveraging.
Fitch rating in full: BBB; Outlook Stable.
S&P Global rating in full: BBB / Stable / A-2
