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Published on 9/15/2010 in the Prospect News Investment Grade Daily.

Fitch to rate Harsco notes A-

Fitch Ratings said it expects to assign a rating of A- to Harsco Corp.'s planned issuance of senior unsecured notes.

The outlook is stable.

Harsco intends to use proceeds from the notes refinance a portion of outstanding £200 million of notes due in October 2010, the agency said.

The key rating drivers are Harsco's solid liquidity position, geographic diversification, low net domestic pension obligations and conservative financial policies, Fitch added.


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