Home Credit Ratings and Research S&P Global Ratings’ Credit Research Archer Daniels Midland Co.

Summary: Archer Daniels Midland Co.

Published Jun 08, 2011

1996 words — Published Jun 08, 2011

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Abstract:

The ratings on Decatur, Ill.-based Archer Daniels Midland Co. (ADM) reflect a strong business risk profile, which factor in the company's position as one of the world's leading agribusiness companies, with major North American market positions in agricultural processing, merchandising, and ethanol production. Standard&Poor's Ratings Services views ADM's financial profile as intermediate, which reflects a highly liquid balance sheet and a recent history of maintaining credit measures that are close to medians for the 'BBB' rating category. These include a debt to EBITDA ratio of about 2.6x for the 12 months ended March 31, 2011, which we believe will improve to closer to 2x by fiscal year-end 2012 (ended June 30, 2012). In addition, we believe the company

Brief Excerpt:

RESEARCH Summary: Archer Daniels Midland Co. Publication date: 08-Jun-2011 Primary Credit Analyst: Christopher Johnson, CFA, New York (1) 212-438-1433; chris_johnson@standardandpoors.com Secondary Credit Analyst: Mark Salierno, New...

Report Type:

Summary

Ticker

ADM

Issuer

Archer Daniels Midland Co.

GICS

Agricultural Products (30202010)

Sector

Global Issuers , Public Finance

Country

United States

Region

United States

Format:

HTML

Archer Daniels Midland Co. Debentures Assigned 'A' Rating – 2011/09/26 – US$ 150.00

Summary: Archer Daniels Midland Co. – 2011/11/10 – US$ 225.00

Archer Daniels Midland Co. – 2011/11/10 – US$ 500.00

Summary: Archer Daniels Midland Co. – 2012/05/18 – US$ 225.00

Archer Daniels Midland Co. Outlook Revised To Negative As Drought Weakens U.S. Harvests; 'A' Rating Affirmed – 2012/08/03 – US$ 150.00

Archer Daniels Midland Co. – 2011/06/08 – US$ 500.00

Archer Daniels Midland Co. Senior Unsecured Notes Assigned 'A' Rating – 2011/03/30 – US$ 150.00

Archer Daniels Midland Co. $1.5 Billion Floating Rate Senior Unsecured Notes Due 2012 Rated 'A' – 2011/02/09 – US$ 150.00

Summary: Archer Daniels Midland Co. – 2010/12/10 – US$ 225.00

Archer Daniels Midland Co. – 2010/06/30 – US$ 500.00

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Archer Daniels Midland Co." Jun 08, 2011. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Archer-Daniels-Midland-Co-871266>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Archer Daniels Midland Co. Jun 08, 2011. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Archer-Daniels-Midland-Co-871266>

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