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Prospect News home > News index > List of issuers A > Headlines for Albemarle Corp. > News item
Published on 5/10/2022 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Fitch rates Albemarle notes BBB

Fitch Ratings said it rated Albemarle Corp.’s new unsecured notes due 2027, 2032 and 2052 BBB and affirmed the BBB ratings on its outstanding senior unsecured revolver and notes.

The company intends to use proceeds to pay down the 2024 maturities, which the agency said it plans the ratings once the notes are repaid. Additionally, Albemarle plans to pay down commercial paper and bolster liquidity.

The outlook is stable.


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