S&P lifts Arkema

Standard & Poor's said it raised the long-term and short-term corporate credit ratings on Arkema SA to BBB/A-2 from BBB-/A-3.

The outlook is stable.

The upgrade reflects Arkema's very strong credit metrics, robust liquidity and conservative financial policy, S&P said.

Arkema's financial risk profile is considered at the high end of the intermediate category, the agency said.

The upgrade also reflects a reassessment of Arkema's business risk profile to the middle of the satisfactory category, reflecting its improved through-the-cycle EBITDA and increased global presence, S&P said.

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