Moody's assigns Baa3 to Eurofins' senior unsecured bonds and Ba2 to Eurofins' hybrid instruments
Rating Action: Moody's assigns Baa3 to Eurofins' senior unsecured bonds and Ba2 to Eurofins' hybrid instruments. Global Credit Research- 06 Aug 2020. NOTE: On September 8, 2020, Moody s issued a press release correcting the level of equity credit assigned to the 2015 and 2019 hybrids; there was no impact on the ratings or outlook.Eurofins Scientific is an international life sciences company operating in food & pharmaceutical products testings. Co. provides analytical testing services to clients from various industries including pharmaceutical, food, and environmental sectors. Co. offers analytical methods for evaluating the authenticity, origin, safety, identity, composition, and purity of biological substances & products. Co. verifies authenticity of products analyzed to detect dangerous components (pathogens, prions, pesticides, asbestos, mycotoxins, dioxins, toxic substances, etc.). Co. operates in Benelux, France, Germany, North America, Scandinavia, British Isles (U.K. & Republic of Ireland), & other countries.
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