FMC Corp. Long-Term Corporate Credit And Unsecured Debt Rating Lowered To 'BBB+'; 'A-2' Short-Term Rating Affirmed

FMC Corp. entered into a definitive agreement to sell its Alkali Chemicals business to Tronox Ltd. for $1.64 billion. We expect this sale and FMC's acquisition of Cheminova A/S to close in early 2015. We are lowering the long-term corporate credit rating and senior unsecured debt ratings on FMC to 'BBB+' from 'A-' and removing the ratings from CreditWatch, where we placed them with negative implications on Sept. 9, 2014. We are also affirming our 'A-2' short-term corporate credit rating and 'A-2' commercial paper ratings on FMC. The stable outlook reflects our expectation that both transactions will close as expected and that operating performance improvements, the integration of Cheminova, and a focus on deleveraging will lead to an improvement in

...+ FMC Corp. entered into a definitive agreement to sell its Alkali Chemicals business to Tronox Ltd. for $1.64 billion. We expect this sale and FMC's acquisition of Cheminova A/S to close in early 2015. + We are lowering the long-term corporate credit rating and senior unsecured debt ratings on FMC to '###+' from 'A-' and removing the ratings from CreditWatch, where we placed them with negative implications on Sept. 9, 2014. + We are also affirming our 'A-2' short-term corporate credit rating and 'A-2' commercial paper ratings on FMC. + The stable outlook reflects our expectation that both transactions will close as expected and that operating performance improvements, the integration of Cheminova, and a focus on deleveraging will lead to an improvement in credit measures over the next two years. BOSTON (Standard & Poor's) Feb. 9, 2015--Standard & Poor's Ratings Services today lowered its long-term corporate credit rating on Philadelphia-based FMC Corp. to '###+' from 'A-'. At the same...

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