Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research

Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable

Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable - S&P Global Ratings’ Credit Research
Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable
Published Feb 22, 2007
523 words — Published Feb 22, 2007
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Abstract:

NEW YORK (Standard&Poor's) Feb. 22, 2007--Standard&Poor's Ratings Services lowered its long-term corporate credit and senior unsecured debt ratings on Minnetonka, Minn.-based agribusiness company Cargill Inc. and related entities, and removed the ratings from CreditWatch negative. The long-term corporate credit and senior unsecured debt ratings were lowered one notch, to 'A'. At the same time, Standard&Poor's affirmed its 'A-1' short-term corporate credit and commercial paper ratings on the company. The outlook is stable. "The downgrade reflects the increase in debt at the company over the last several years, and the continued importance of earnings from the company's risk management and financial operations, which we believe reflects a somewhat more aggressive financial policy," said Standard&

  
Brief Excerpt:

RESEARCH Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable Publication date: 22-Feb-2007 NEW YORK (Standard & Poor's) Feb. 22, 2007--Standard & Poor's Ratings Services lowered its long-term corporate credit...

  
Report Type:

Ratings Action

Ticker
3091Z
Issuer
GICS
Agricultural Products (30202010)
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable" Feb 22, 2007. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Cargill-Inc-Long-Term-Rtgs-Lowered-Short-Term-Rtgs-Affirmed-Outlook-Stable-563413>
  
APA:
S&P Global Ratings’ Credit Research. (). Cargill Inc. Long-Term Rtgs Lowered, Short-Term Rtgs Affirmed; Outlook Stable Feb 22, 2007. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Cargill-Inc-Long-Term-Rtgs-Lowered-Short-Term-Rtgs-Affirmed-Outlook-Stable-563413>
  
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