Flowserve upgraded to ``positive''
Flow system manufacturer Flowserve Corp. has been upgraded from stable to positive by Fitch Ratings.
Flowserve Corp., a leading provider of flow control products and services for the global infrastructure markets, today announced that it has completed a new $1.25 billion, five-year credit facility, which includes a $400 million term loan and a $850 million revolver that the company can increase, subject to certain conditions, by up to $250 million.