S&P changes Holcim view

S&P said it revised the outlook on Holcim (US) Inc. to negative from stable and affirmed the BBB corporate credit rating.

The agency said the revision is in line with the revised outlook on its parent, LafargeHolcim Ltd.

“The negative outlook reflects our view that the parent company's leverage metrics may not improve in 2018 to a level commensurate with the current rating, due to persistent weak operating cash flow generation and unchanged shareholder remuneration,” S&P said in a news release.

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