25.06.2015 22:53:00

Platform Specialty Products Corporation -- Moody's: Platform's $420 million equity issuance is credit neutral

New York, June 25, 2015 -- Moody's Investors Service says that Platform Specialty Products Corporation's announcement of its $420 million public offering of common stock is a credit neutral event as leverage will remain elevated even assuming full equity funding for the $365 million pending acquisition of OM Group's Electronic Chemicals and Photomasks businesses.

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