(Reuters) - "We expect Basell to finance the purchase largely with
debt, which will result in a very aggressive capital
structure," Standard & Poor's said in a statement.
Moody's Investors Service awards Lyondell a "Ba3" corporate
family rating, which is three steps below investment grade. S&P
and Fitch Ratings assign the company a "BB-minus" corporate
credit and issuer default rating, respectively, each also three
steps below investment grade.
Read more at Reuters.com Bonds News
debt, which will result in a very aggressive capital
structure," Standard & Poor's said in a statement.
Moody's Investors Service awards Lyondell a "Ba3" corporate
family rating, which is three steps below investment grade. S&P
and Fitch Ratings assign the company a "BB-minus" corporate
credit and issuer default rating, respectively, each also three
steps below investment grade.
Read more at Reuters.com Bonds News
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