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211407 (SYT)

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  • Moody's

    Syngenta AG -- Moody's: Consolidation of ChemChina's and Sinochem's agrochemical businesses has no immediate impact on Syngenta AG's ratings

    Moody's Investors Service says that China National Chemical Corporation Limited (ChemChina, Baa2 stable) and Sinochem Group's (Sinochem) planned consolidation of their agrochemical businesses will have no immediate impact on the ratings of Syngenta AG (Syngenta, Ba2 stable). On 5 Jan 2020, ChemChina and Sinochem announced that they will transfer and consolidate their major agrochemical-related assets to China Chemical (Shanghai) Agricultural Technology Corporation Ltd, which will be renamed as Syngenta Group Co., Ltd ("Syngenta Group") thereafter.

  • Moody's

    China National Chemical Corporation Limited -- Moody's: Consolidation of agrochemical businesses has no immediate impact on ChemChina and Sinochem HK's ratings

    Moody's Investors Service says that China National Chemical Corporation Limited (ChemChina, Baa2 stable) and Sinochem Group (Sinochem) planned consolidation of their agrochemical businesses will have no immediate impact on the ratings of ChemChina and Sinochem Hong Kong (Group) Company Limited (Sinochem HK, A3 stable) -- Sinochem's 98%-owned subsidiary. On 5 January 2020, ChemChina and Sinochem announced that they will transfer and consolidate their major agrochemical-related assets under China Chemical (Shanghai) Agricultural Technology Corporation Ltd, which will be renamed as Syngenta Group Co., Ltd thereafter.

  • Moody's

    Syngenta Wilmington Inc. -- Moody's announces completion of a periodic review of ratings of Syngenta AG

    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.