1
We would see FFO to debt of at least 35% as commensurate with the rating.
2
Most fund managers cite the expansion of their credit facilities as commensurate with the growth in assets of their funds.
3
In fact the vehemence of a patient's denial can usefully be taken as commensurate with the opposite of what she denies.
4
We consider an interest coverage ratio of 2.0x-2.5x as commensurate with the current ratings on FDR.
5
We view an average adjusted ratio of FFO to net debt of at least 25% as commensurate with the current ratings.
6
We consider an interest coverage ratio of 2.0x-2.5x and an LTV ratio below 50% as commensurate with the rating.
7
Under our assumptions, Henkel should benefit from debt headroom of more than EUR4 billion in 2013, which we view as commensurate with the ratings.