A. Schulman, Inc.: A. Schulman's amended covenants are credit neutral; improve liquidity position; no change to ratings
CORPORATES ISSUER COMMENT 11 October 2017 Contacts Benjamin Nelson 212-553-2981 VP-Sr Credit Officer [email protected] Brian Oak 212-553-2946 MD-Corporate Finance [email protected] CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA 44-20-7772-5454 A. Schulman, Inc. A. Schulman’s amended covenants are credit neutral; improveA. Schulman is a supplier of plastic formulations, resins, and services and provides solutions to meet its customers' requirements through proprietary and custom-formulated products. The company's customers span a range of markets such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure. The company has three product families: Engineered Composites; Custom Concentrates and Services, which consists of Custom Performance Colors, Masterbatch Solutions, and Specialty Powders product groups; and Performance Materials, which consists of Engineered Plastics and Distribution Services product groups.
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