Report
EUR 229.28 For Business Accounts Only

Harsco Corporation: Update following affirmation at Ba1, outlook changed to negative

Our credit view of Harsco considers a diversified revenue stream and recent shift to the less cyclical environmental services sector, offset by high leverage.
Underlying
Harsco Corp.

Harsco is a provider of industrial environmental services and engineered products. The company's segments are: Harsco Metals & Minerals, which provides on-site services for product quality improvement and resource recovery; Harsco Industrial, which includes the Harsco Industrial Air-X-Changers, (a supplier of custom-designed and manufactured air-cooled heat exchangers), Harsco Industrial IKG (a manufacturer of industrial grating and fencing products) and Harsco Industrial Patterson-Kelley businesses (a manufacturer of heat transfer products such as boilers ); and Harsco Rail, which provides equipment, after-market parts and services for the maintenance, repair and construction of railway track.

Provider
Moody's Investors Service
Moody's Investors Service

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