Moody's: Few North American chemical companies will cross investment-grade border in 2017
New York, March 09, 2017-- More than a quarter of the roughly 90 North American chemical companies it rates are within two notches of the boundary between investment-grade and speculative-grade ratings, says Moody's Investors Service in a new report. However, few are likely to cross over in the near term. Methanex and Sherwin-Williams face some risk of becoming fallen angels, or losing their investment-grade ratings, in 2017. Moody's does not expect any chemical companies to...
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