Moody’s rates SQM notes Baa1

Moody's Investors Service said it assigned a Baa1 rating to Sociedad Quimica y Minera de Chile SA's (SQM) planned about $750 million of long-term senior unsecured global notes.

The Baa1 ratings on SQM's outstanding notes remain unchanged, the agency said.

SQM plans to use the proceeds primarily to finance or refinance, in whole or in part, one or more new or existing eligible green projects.

The outlook remains stable.

© 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.