Solvay SA - Fitch Research

Solvay SA

Solvay SA - Fitch Research
Solvay SA
Published Dec 02, 2019
16 pages (6751 words) — Published Dec 02, 2019
Price US$ 550.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...The Positive Outlook continues to reflect Fitch Ratings' view that the completion of the disposal of the polyamides business expected by end-2019 is likely to accelerate deleveraging and to bring funds from operation s (FFO) adjusted net leverage sustainably and comfortably below our 2.5x positive sensitivity. The rating captures the improvement in Solvay SA's business profile over the past three years with an increased focus on price-resilient specialty chemicals through M&A-driven portfolio management. Fitch's base case does not assume any further significant acquisitions and it forecasts that deleveraging capacity will be supported by stable operating cash flows and working capital and capex discipline over 2019-2022....

  
Report Type:

Full Rating Report

Company(ies)
Solvay SA , Solvay Finance France SA , SYENSQO FINANCE (AMERICA), LLC , Cytec Industries Inc.
Issuer
Solvay SA
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
Fitch Research. "Solvay SA" Dec 02, 2019. Alacra Store. May 11, 2025. <http://www.alacrastore.com/fitch-credit-research/Solvay-SA-RPT_10102571>
  
APA:
Fitch Research. (2019). Solvay SA Dec 02, 2019. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/fitch-credit-research/Solvay-SA-RPT_10102571>
  
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