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Dow Chemical Company

Published Aug 18, 2017

16 pages (5034 words) — Published Aug 18, 2017

Price US$ 550.00 | Buy this Report Now

About This Report

Brief Excerpt:

...The Rating Watch Positive for Dow Chemical Company reflects expected delevering through earnings growth and scheduled repayment of debt. Earnings should grow with full-year results of Dow Corning (50% acquired June 1, 2016) and production ramp-up from projects. Fitch Ratings believes Dow's FFO net leverage could be below 2.0x by the end of 2018 and will trend down through the intended merger and spin-off (see Dow-DuPont Merger/Spin-Off below). The Ratings Watch will be resolved when Fitch has further clarity on the operating profile and capital structure of the successor to Dow....

Report Type:

Full Rating Report

Company(ies)

The Dow Chemical Company , Rohm & Haas Company , Union Carbide Corporation , Dow Capital B.V. , Dow Silicones Corporation

Ticker(s)

DOW

Format:

PDF

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Fitch Maintains Dow's 'BBB' IDR on Rating Watch Positive – 2017/08/10 – US$ 149.00

Fitch Maintains Dow's 'BBB' IDR on Rating Watch Positive – 2018/08/10 – US$ 149.00

Fitch Upgrades Dow's IDR to 'BBB+'; Removes Watch Positive – 2018/11/08 – US$ 149.00

Fitch Rates Dow's Proposed Sr. Unsecured Notes Offering 'BBB+' – 2018/11/28 – US$ 149.00

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North American Chemicals Handbook (A Detailed Review of Companies in the Chemicals Sector) – 2016/11/30 – US$ 999.00

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More from Fitch Research

Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

About the Author

Cite this Report


MLA:	Fitch Research. "Dow Chemical Company " Aug 18, 2017. Alacra Store. May 10, 2025. <http://www.alacrastore.com/fitch-credit-research/Dow-Chemical-Company-902561_report_frame>

APA:	Fitch Research. (). Dow Chemical Company Aug 18, 2017. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/fitch-credit-research/Dow-Chemical-Company-902561_report_frame>

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