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Prospect News home > News index > List of issuers A > Headlines for Archer-Daniels-Midland Co. > News item
Published on 12/5/2012 in the Prospect News Convertibles Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Moody's ADM outlook to negative

Moody's Investors Service said it changed the outlook on Archer-Daniels-Midland Co. to negative because of rising event risk related to its potential acquisition of GrainCorp Ltd.

"As we have indicated previously, a debt-financed acquisition of GrainCorp would be a clear credit negative for Archer Daniels," Moody's senior vice president John Rogers said in a news release.


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