FMC Corp.'s $300M Senior Unsecured Notes Assigned 'BBB+' Rating - S&P Global Ratings’ Credit Research

FMC Corp.'s $300M Senior Unsecured Notes Assigned 'BBB+' Rating

FMC Corp.'s $300M Senior Unsecured Notes Assigned 'BBB+' Rating - S&P Global Ratings’ Credit Research
FMC Corp.'s $300M Senior Unsecured Notes Assigned 'BBB+' Rating
Published Nov 25, 2009
Published Nov 25, 2009
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Nov. 25, 2009--Standard&Poor's Ratings Services said today that it assigned its 'BBB+' senior unsecured debt rating to Philadelphia, Pa.-based FMC Corp.'s $300 million of senior unsecured notes due 2019. The existing ratings on FMC, including the 'BBB+' corporate credit rating, are unchanged. The outlook is stable. FMC plans to use the proceeds to repay borrowings under its revolving credit facilities and for general corporate purposes. The ratings on FMC reflect its intermediate financial risk profile and a satisfactory business profile that stems from its leading positions in certain agricultural, specialty, and industrial chemicals markets. For the latest corporate credit rating rationale, see Standard&Poor's summary analysis on FMC published on Nov. 25,

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Fertilizers & Agricultural Chemicals (15101030)
Sector
Global Issuers
Country
Region
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Summary: FMC Corp. – 2010/06/11 – US$ 225.00

FMC Corp. – 2010/11/30 – US$ 500.00

Summary: FMC Corp. – 2010/11/30 – US$ 225.00

Summary: FMC Corp. – 2011/07/29 – US$ 225.00

FMC Corp. – 2009/11/25 – US$ 500.00

Summary: FMC Corp. – 2009/11/25 – US$ 225.00

FMC Corp. Rating Raised To 'BBB+' From 'BBB' – 2009/10/22 – US$ 150.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "FMC Corp.'s $300M Senior Unsecured Notes Assigned 'BBB+' Rating" Nov 25, 2009. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FMC-Corp-s-300M-Senior-Unsecured-Notes-Assigned-BBB-Rating-759426>
  
APA:
S&P Global Ratings’ Credit Research. (). FMC Corp.'s $300M Senior Unsecured Notes Assigned 'BBB+' Rating Nov 25, 2009. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FMC-Corp-s-300M-Senior-Unsecured-Notes-Assigned-BBB-Rating-759426>
  
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