S&P downgrades ICL’s international rating
Save to read list
Angharad Lock Digital Assistant Editor
Wednesday, 02 November 2016 09:01
ICL has announced that Standard and Poor’s Global Ratings has lowered the company’s international corporate credit rating to BBB- with stable outlook.
This announcement follows the weakened state of the global fertilizer market. Several of ICL’s peer companies have also been downgraded recently.
ICL has stated that the company estimates little effect on the company’s financial expenses.
For more information, click
Read the article online at: https://www.worldfertilizer.com/potash/02112016/sp-downgrades-icls-international-rating/
You might also like
Join us on the 15th September 2021 for an online conference focusing on cutting-edge developments in ammonia production technology.
Register for free today »
Friday 30 July 2021 13:00
Some of China’s major fertilizer companies have said they will temporarily suspend exports to assure supplies in the domestic market, the country's state planner said on Friday, after prices in one of the world’s top grain producers hit record levels.