New York, January 25, 2013 -- Moody's Investors Service said OM Group Inc.'s (Ba2 Corporate Family Rating, stable) recently announced divestiture of its Advanced Materials business is a credit positive. OM Group announced it will repay debt with the sales proceeds, which will likely result in credit metrics supportive of a higher rating. However, we are maintaining the current Corporate Family Rating since we expect the firm to continue to engage in significant acquisitions that will result in a re-levering of its balance sheet and a more sustainable long-term capital structure.
Vollständigen Artikel bei Moodys lesen