Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sumitomo Chemical Co., Ltd. > News item |
Moody's cuts Sumitomo Chemical
Moody's Japan K.K. said it downgraded Sumitomo Chemical Co., Ltd.'s long-term issuer rating to Baa2 from Baa1.
The outlook is stable.
Moody's said the downgrade reflects its concerns that a reduction in the company's current high leverage may take longer than previously expected.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.