|Expense Ratio (net)||N/A|
|Last Cap Gain||N/A|
|Morningstar Risk Rating||N/A|
|Beta (5Y Monthly)||N/A|
|5y Average Return||N/A|
|Average for Category||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Syngenta AG and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service has assigned a Baa2 rating to the proposed USD notes to be issued by CNAC (HK) Finbridge Company Limited and guaranteed by China National Chemical Corporation Limited (ChemChina, Baa2 stable). CNAC (HK) Finbridge is a wholly owned subsidiary of ChemChina. The proceeds from the proposed issuance will be used to refinance ChemChina's existing indebtedness and for general corporate purposes.
Moody's Investors Sevice says that Nufarm Limited's 1H 2019 results are credit negative but its ratings are not affected. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. "Nufarm's (Ba3 stable) 1H 2019 results are credit negative, as adjusted EBITDA fell below expectations and an elevated level of working capital has resulted in higher debt", says Maurice O'Connell, a Moody's Vice President and Senior Credit Officer.
Erik Frywald, Syngenta CEO, joins Yahoo Finance's The Final Round to discuss the significance of climate change on the agricultural sector and the company's plan to cut it's carbon intensity by 50% by the year 2030.