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Shinobu Foods Products Co., Ltd. (2903.T)

Tokyo - Tokyo Delayed Price. Currency in JPY
635.00+1.00 (+0.16%)
At close: 03:15PM JST
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  • Moody's

    Bayer US Finance II LLC -- Moody's changes Bayer's outlook to negative on litigation risks, affirms Baa2

    Rating Action: Moody's changes Bayer's outlook to negative on litigation risks, affirms Baa2Global Credit Research - 08 Dec 2021Frankfurt am Main, December 08, 2021 -- Moody's Investors Service ("Moody's") today affirmed the Baa2 senior unsecured ratings of Bayer AG (Bayer), the company's (P)Baa2 senior unsecured MTN programme rating and the Ba1 ratings of its hybrid notes. Concurrently, Bayer's short-term commercial paper rating was affirmed at P-2. The outlook on the ratings has been changed to negative from stable.A full list of affected ratings can be found at the end of this press release.RATINGS RATIONALEThe change in outlook of Bayer to negative from stable reflects the risk of higher financial payouts associated with ongoing litigation.

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