LANXESS ends rating service by Standard & Poor’s

Cologne, December 1st 2022Specialty chemicals company LANXESS regularly reassesses its service supplier contracts and as a measure to save costs, it has now decided to discontinue the rating service of Standard & Poor’s.

The company continues to be rated by two rating agencies, which is considered to be appropriate. Moody’s has assigned a Baa2 rating while Scope Ratings recently affirmed a BBB+ rating, both with a stable outlook.

Information for editors:
All global LANXESS news releases and their accompanying photos can be found at http://press.lanxess.com.
Recent photos of the Board of Management and other LANXESS image material are available at http://photos.lanxess.com.

 

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