IHS Chemical Week

People & Business :: Companies

S&P downgrades Reichhold debt, default a possibility

1:34 PM MDT | July 28, 2014 | Vincent Valk

Credit ratings agency Standard and Poor’s (S&P; New York) has downgraded the credit rating of coatings and composites maker Reichhold Industries (Durham, NC), to CCC- from CCC, because of “the increasing likelihood that continued weak operating performance and negative cash flow will lead to a payment default or debt restructuring before the end of 2014,” S&P says. S&P also assigned a negative outlook to Reichhold, meaning a downgrade is more likely than an upgrade. The ratings agency believes it is “unlikely” that...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa