IHS Chemical Week

Services :: Financial

Moody’s raises LyondellBasell credit rating to investment-grade

12:35 PM MST | November 20, 2012 | Vincent Valk

Credit ratings service Moody’s (New York) has raised LyondellBasell’s corporate credit rating two notches, to ‘Baa3,’ above junk-bond status. The increase is due to financial metrics that Moody’s calls “exceptionally strong,” as well as the company’s size, diversity, and exposure to low feedstock costs in North America.   "The extraordinary dividend announced last month was small relative to the company's projected cash flow for 2012 and will still leave $2 billion to $3 billion of cash on the balance...

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