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Ferro Corp. Upgraded One Notch To 'BB' On Improved Operating Performance; Issue Ratings Raised To 'B+' Product Image

Ferro Corp. Upgraded One Notch To 'BB' On Improved Operating Performance; Issue Ratings Raised To 'B+'

  • Standard & Poors

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Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Abstract
Operating performance and credit measures at U.S.-based chemicals producer Ferro Corp. have improved in recent quarters. We are raising our ratings on Ferro, including the corporate credit rating to 'BB' from 'BB-'. The stable outlook reflects our expectation that Ferro can maintain credit measures and liquidity at levels consistent with the higher ratings. NEW YORK (Standard & Poor's) May 4, 2011--Standard READ MORE >

Ferro Corp.

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