Home Credit Ratings and Research S&P Global Ratings’ Credit Research Cargill Inc.

BULLETIN: U.S. Seventh Circuit Court Rules Against ADM and Cargill

Published Jun 19, 2002

About This Report

Abstract:

Standard&Poor's said today that the U.S. Seventh Circuit Court of Appeals' decision to reverse a lower court's ruling (July 2001) that dismissed a price fixing lawsuit against high fructose syrup (HFCS) makers Archer Daniels Midland Co. (A+/Stable/A-1) and Cargill Inc. (A+/Negative/A-1) would not presently have an impact on the ratings or outlook of either firm. It is premature to assess any potential rating impact, if any, of this lawsuit. Standard&Poor's will continue to monitor the situation. In 1995, a class action lawsuit was brought by numerous soft drink makers against HFCS producers alleging that there was a conspiracy to fix sweetener prices from 1989 to 1995. Since the case is being brought under federal antitrust laws,

Report Type:

Bulletin

Ticker

3091Z

Issuer

Cargill Inc.

GICS

Agricultural Products (30202010)

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Cargill Inc.'s $500 Million Senior Unsecured Notes Rated 'A+'; Outlook Revised to Stable – 2003/05/12 – US$ 150.00

Research Update: Cargill Inc. – 2003/05/12 – US$ 225.00

BULLETIN: Cargill Inc. Ratings Unaffected by Its Bid to Purchase Farmland Foods Unit – 2003/09/12 – Free

Summary: Cargill Inc. – 2003/09/29 – US$ 225.00

Cargill Inc. Long-Term Credit Rating Placed on Watch Negative, Short-Term Ratings Affirmed – 2004/01/27 – US$ 150.00

Cargill's $500 Million Senior Unsecured Notes Rated A+;To Acquire Remaining Stake in Cerestar – 2002/04/26 – US$ 150.00

Summary: Cargill Inc. – 2002/04/26 – US$ 225.00

Outlook on Cargill Inc. Revised to Negative After News of Cerestar Acquisition – 2001/10/30 – US$ 150.00

Summary: Cargill Inc. – 2001/10/12 – US$ 225.00

BULLETIN: Cargill Inc. Sells North Star Steel Subsidiary – 2001/08/17 – US$ 150.00

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: U.S. Seventh Circuit Court Rules Against ADM and Cargill" Jun 19, 2002. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-U-S-Seventh-Circuit-Court-Rules-Against-ADM-and-Cargill-250644>

APA:	S&P Global Ratings’ Credit Research. (). BULLETIN: U.S. Seventh Circuit Court Rules Against ADM and Cargill Jun 19, 2002. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-U-S-Seventh-Circuit-Court-Rules-Against-ADM-and-Cargill-250644>

Free

$ £ €

Have a Question?

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

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.