Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Church & Dwight Co. Inc. > News item |
Moody's rates Church & Dwight notes A3
Moody's Investors Service said it rated Church & Dwight Co., Inc.'s (CHD) planned $500 million of 30-year senior unsecured notes A3.
Church & Dwight’s senior unsecured rating has been A3 since Oct. 7, 2019 when it was upgraded from Baa1. “Other ratings of the company and the stable outlook are not affected,” Moody’s said in a press release.
“The proceeds will be used for debt refinancing, a credit positive because it improves liquidity by addressing near term maturities and improving liquidity. CHD has $300 million of notes maturing in August 2022 and $400 million notes maturing in October 2022,” Moody’s said.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.