S&P revises Huntsman view to stable

S&P said it affirmed its ratings, including the BB+ issuer credit ratings, on Huntsman Corp. and its subsidiary Huntsman International LLC because S&P expects the ratio of funds from operations to total debt will continue to remain appropriate for the ratings in 2019 despite a weaker operating environment.

“We are revising our outlook on both companies to stable from positive because we no longer believe the FFO to total debt ratio will improve over the next 12 months to a level that would support a higher rating,” S&P said in a news release.

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