Research Update: Fertilizer Producer Yara International Outlook Revised To Stable On Uncertain Financial Policy; 'BBB/A-2' Affirmed - S&P Global Ratings’ Credit Research

Research Update: Fertilizer Producer Yara International Outlook Revised To Stable On Uncertain Financial Policy; 'BBB/A-2' Affirmed

Research Update: Fertilizer Producer Yara International Outlook Revised To Stable On Uncertain Financial Policy; 'BBB/A-2' Affirmed - S&P Global Ratings’ Credit Research
Research Update: Fertilizer Producer Yara International Outlook Revised To Stable On Uncertain Financial Policy; 'BBB/A-2' Affirmed
Published Nov 20, 2015
6 pages (2191 words) — Published Nov 20, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We believe Norway-based Yara International ASA will continue to report healthy performance and strong credit metrics. At the same time, the company has an aggressive growth strategy, and we see the risk of big debt-financed acquisitions in the next few years. We are therefore revising our outlook on Yara to stable from positive and affirming our 'BBB/A-2' ratings on the company. The stable outlook reflects our expectation that Yara will maintain strong metrics, with funds from operations to debt well above 35% over our forecast horizon for 2015-2017. On Nov. 20, 2015, Standard&Poor's Ratings Services revised its outlook on Norway-based fertilizer producer and distributor Yara International ASA to stable from positive. At the same time, we affirmed our

  
Brief Excerpt:

...We believe Norway-based Yara International ASA will continue to report healthy performance and strong credit metrics....

  
Report Type:

Research Update

Ticker
YAR@NO
Issuer
Yara International ASA
GICS
Fertilizers & Agricultural Chemicals (15101030)
Sector
Global Issuers
Country
Norway
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
Buy Now

Summary: Yara International ASA – 2017/01/12 – US$ 225.00

Yara International ASA – 2017/12/18 – US$ 500.00

Summary: Yara International ASA – 2017/12/18 – US$ 225.00

Yara International ASA – 2018/12/18 – US$ 500.00

Summary: Yara International ASA – 2015/02/04 – US$ 225.00

Yara International ASA – 2014/06/19 – US$ 500.00

Summary: Yara International ASA – 2014/06/19 – US$ 225.00

Summary: Yara International ASA – 2014/03/04 – 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. "Research Update: Fertilizer Producer Yara International Outlook Revised To Stable On Uncertain Financial Policy; 'BBB/A-2' Affirmed" Nov 20, 2015. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fertilizer-Producer-Yara-International-Outlook-Revised-To-Stable-On-Uncertain-Financial-Policy-BBB-A-2-Affirmed-1485074>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Fertilizer Producer Yara International Outlook Revised To Stable On Uncertain Financial Policy; 'BBB/A-2' Affirmed Nov 20, 2015. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fertilizer-Producer-Yara-International-Outlook-Revised-To-Stable-On-Uncertain-Financial-Policy-BBB-A-2-Affirmed-1485074>
  
US$ 225.00
$  £  €
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.