Home Credit Ratings and Research S&P Global Ratings’ Credit Research Archer Daniels Midland Co.

Archer Daniels Midland Co.'s $3 Bil. Shelf Registration Assigned Preliminary 'A' Rating

Published Sep 18, 2014

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Abstract:

NEW YORK (Standard&Poor's) Sept. 18, 2014--Standard&Poor's Ratings Services today assigned its preliminary 'A' senior unsecured debt rating to Decatur, Ill.-based Archer Daniel Midland Co.'s (ADM's) Rule 415 shelf registration. The new shelf has an indeterminate aggregate initial offering amount of $3 billion. The company will use the net proceeds from any future debt issuance under this registration for general corporate purposes. The ratings on ADM in part reflect its leading global market positions in agribusiness, strong product diversification, and its improving geographic diversity. In addition, we believe the company will restore credit measures within 12 to 18 months following its recently announced WILD Flavors acquisition in a transaction valued at about €2.3 billion. We believe the

Report Type:

Ratings Action

Ticker

ADM

Issuer

Archer Daniels Midland Co.

GICS

Agricultural Products (30202010)

Sector

Global Issuers , Public Finance

Country

United States

Region

United States

Format:

HTML

Archer Daniels Midland Co. – 2014/11/24 – US$ 500.00

Summary: Archer Daniels Midland Co. – 2014/11/24 – US$ 225.00

Summary: Archer Daniels Midland Co. – 2015/02/23 – US$ 225.00

Archer Daniels Midland Co. €1.1 Billion Senior Unsecured Notes Assigned 'A' Rating – 2015/06/17 – US$ 150.00

Archer Daniels Midland Co. 'A' Rating Affirmed, Outlook Stable, Despite Lower Projected Earnings – 2016/01/14 – US$ 150.00

Archer Daniels Midland Co. 'A' Rating Affirmed On Announcement Of WILD Flavors Acquisition; Outlook Stable – 2014/07/07 – US$ 150.00

Research Update: Archer Daniels Midland Co. 'A' Rating Affirmed On Announcement Of WILD Flavors Acquisition; Outlook Stable – 2014/07/07 – US$ 225.00

Archer Daniels Midland 'A' Rating Affirmed, Outlook Revised To Stable From Negative On Cash Flow Rebound, Reduced Debt – 2014/02/24 – US$ 150.00

Research Update: Archer Daniels Midland 'A' Rating Affirmed, Outlook Revised To Stable From Negative On Cash Flow Rebound, Reduced Debt – 2014/02/24 – US$ 225.00

Bulletin: Archer Daniels Midland Co. Ratings Unaffected By Cash Dividend Increase – 2013/12/17 – Free

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MLA:	S&P Global Ratings’ Credit Research. "Archer Daniels Midland Co.'s $3 Bil. Shelf Registration Assigned Preliminary 'A' Rating" Sep 18, 2014. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Archer-Daniels-Midland-Co-s-3-Bil-Shelf-Registration-Assigned-Preliminary-A-Rating-1359983>

APA:	S&P Global Ratings’ Credit Research. (). Archer Daniels Midland Co.'s $3 Bil. Shelf Registration Assigned Preliminary 'A' Rating Sep 18, 2014. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Archer-Daniels-Midland-Co-s-3-Bil-Shelf-Registration-Assigned-Preliminary-A-Rating-1359983>

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