Rollins Receives Inaugural Investment Grade Credit Ratings From Fitch and S&P
Thursday, February 20th, 2025
Rollins, Inc. (NYSE:ROL) ("Rollins" or the "Company"), a premier global consumer and commercial services company, today announced that Fitch Ratings ("Fitch") and S&P Global Ratings ("S&P") have issued inaugural investment grade credit ratings for the Company.
Fitch has assigned a Long-Term Issuer Default Rating of BBB+ to the Company with a Stable outlook, while S&P has assigned an Issuer Rating of BBB to the Company with a Stable outlook.
"Over the last few years, we have made considerable progress in modernizing our business and capital structure. The assignment of investment grade credit ratings from these two agencies marks another important step in our modernization journey. We value the flexibility and cost of capital advantages these investment grade ratings provide and remain committed to our track record of conservative leverage, disciplined growth, and balanced capital allocation," said Ken Krause, Executive Vice President and Chief Financial Officer.