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Henkel of America Inc -- Moody's affirms Henkel's A2 rating; outlook remains stable

·17 min read
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"Today's rating action reflects the company's strong track record of maintaining solid credit metrics and a sustainably positive free cash flow generation, which we expect to continue despite a recessionary macroeconomic environment in 2020 triggered by the spread of the global pandemic", says Vitali Morgovski, a Moody's Assistant Vice President -- Analyst and lead analyst for Henkel. A full list of affected ratings can be found at the end of this press release.