NEW YORK (Standard&Poor's) Dec. 13, 2012--Standard&Poor's Ratings Services said today that its ratings on E.I. DuPont de Nemours&Co. (A/Stable/A-1) remain unchanged following DuPont's announcement of a $1 billion share repurchase program that it plans to execute in 2013 with a portion of the proceeds from the sale of its coatings business. The company intends to use the majority of the approximately $4 billion in expected net proceeds to reduce net debt. We believe that net debt reduction with the sale proceeds and discretionary cash flow generated in 2013 should be sufficient to return credit metrics to levels appropriate for the ratings by the end of 2013, including funds from operations (FFO)-to-net adjusted debt of
