FMC Corp's Outlk Revised to Neg by S&P;Rtgs Afrmed - S&P Global Ratings’ Credit Research

FMC Corp's Outlk Revised to Neg by S&P;Rtgs Afrmed

FMC Corp's Outlk Revised to Neg by S&P;Rtgs Afrmed - S&P Global Ratings’ Credit Research
FMC Corp's Outlk Revised to Neg by S&P;Rtgs Afrmed
Published Dec 11, 1997
Published Dec 11, 1997
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 12/11/97 -- Standard&Poor's revised its outlook on FMC Corp.'s ratings to negative from stable. Standard&Poor's also affirmed its triple-'B' ratings on the company's senior unsecured debt and industrial revenue bonds. Additionally, Standard&Poor's affirmed its triple-'B'-minus subordinated debt rating and 'A-2' rating on the company's commercial paper 4(2) program. The outlook change reflects operating performance shortfalls in agricultural and industrial chemicals sectors. Also, financial flexibility was already somewhat constrained by high debt levels due to an active acquisition program. The company will be taking $181 million of aftertax charges in the fourth quarter relating to asset impairments and restructuring actions. However, sale of United Defense L.P. in the third

  
Report Type:

Ratings Action

Ticker
FMC
Issuer
FMC Corp.
GICS
Fertilizers & Agricultural Chemicals (15101030)
Sector
Global Issuers
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

FMC Corp. Ratings Affirmed; Outlook Stable – 2001/03/19 – US$ 150.00

Summary: FMC Corp. – 2001/03/19 – US$ 225.00

Summary: FMC Corp. – 2001/08/06 – US$ 225.00

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. "FMC Corp's Outlk Revised to Neg by S&P;Rtgs Afrmed" Dec 11, 1997. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FMC-Corp-s-Outlk-Revised-to-Neg-by-S-P-Rtgs-Afrmed-10614>
  
APA:
S&P Global Ratings’ Credit Research. (). FMC Corp's Outlk Revised to Neg by S&P;Rtgs Afrmed Dec 11, 1997. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FMC-Corp-s-Outlk-Revised-to-Neg-by-S-P-Rtgs-Afrmed-10614>
  
US$ 150.00
$  £  €
Have a Question?

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

More Research

Search all our Credit Research from one place.