BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K. - S&P Global Ratings’ Credit Research

BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K.

BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K. - S&P Global Ratings’ Credit Research
BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K.
Published Dec 19, 2002
308 words — Published Dec 19, 2002
Price Free  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services said today that the ratings and outlook on Archer Daniels Midland Co. (A+/Negative/A-1) would not be affected by the announcement that its wholly owned subsidiary, ADM Milling Limited, has agreed to acquire six flour mills in the U.K. from Associated British Foods plc. Standard&Poor's expects that the acquisitions will be funded from operating cash flow since there is little room at the current rating for further debt-financed acquisitions.

  
Brief Excerpt:

RESEARCH BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K. Publication date: 19-Dec-2002 Standard & Poor's Ratings Services said today that the ratings and outlook on Archer Daniels Midland Co. (A+/Negative/A-1) would not be affected...

  
Report Type:

Bulletin

Ticker
ADM
Issuer
Archer Daniels Midland Co.
GICS
Agricultural Products (30202010)
Sector
Global Issuers , Public Finance
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

Archer Daniels Midland Co. – 2004/01/14 – US$ 500.00

Summary: Archer Daniels Midland Co. – 2004/01/14 – US$ 225.00

Summary: Archer Daniels Midland Co. – 2004/06/01 – US$ 225.00

Summary: Archer Daniels Midland Co. – 2004/10/04 – US$ 225.00

Summary: Archer Daniels Midland Co. – 2002/10/07 – US$ 225.00

Research Update: Archer Daniels Midland Co. – 2002/10/01 – US$ 225.00

Archer Daniels Midland Co. – 2002/08/30 – US$ 500.00

Summary: Archer Daniels Midland Co. – 2002/08/30 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K." Dec 19, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-ADM-Subsidiary-To-Acquire-Flour-Mills-in-U-K-281899>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: ADM Subsidiary To Acquire Flour Mills in U.K. Dec 19, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-ADM-Subsidiary-To-Acquire-Flour-Mills-in-U-K-281899>
  
Free
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.