Favorable operating trends at U.S. specialty chemical company MacDermid Inc. continue to support improved financial measures. We are raising our corporate credit rating on MacDermid Inc. to 'B' from 'B-'. The positive outlook reflects our expectation that steady demand and modest margin increases could result in further gradual financial improvements over the next 12 months. On Sept. 14, 2011, Standard & Poor's Ratings Services raised its corporate credit rating on Denver-based MacDermid Inc. to 'B' from 'B-'. We removed the rating from CreditWatch, where we had placed it with positive implications on March 31, 2011. The outlook is positive. At the same time, we raised the issue-level rating on MacDermid's senior secured debt to 'BB-' (two notches above the 'B'...
Companies mentioned in this report are:
- MacDermid Inc.
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