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Article: Moodys reviews debt ratings in Celanese-Hoechst deal.
- Article from:
- Daily News Record
- Article date:
- January 20, 1987
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Copyright informationCOPYRIGHT 1987 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Moodys Reviews Debt Ratings In Celanese-Hoechst Deal
Debt ratings of Celanese Corp. and American Hoechst Corp. remain under review by Moodys Investors Service pending the outcome of a Federal Trade Commission challenge to the proposed $2.8 billion acquisition of Celanese by American Hoechst.
Moodys said that approximately $370 million of debt is involved in the review. This includes senior and subordinated long-term ratings of Celanese Corp. and the rating on pollution control revenue bonds of American Hoechst.
Moody's added that the Prime-1 rating of Hoechst Capital Corp. for commercial paper, guaranteed by the German parent of American Hoechst, is not under ...
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Article: Moody's upgrades debt ratings for General Motors, Chrysler
AP Online;
April 23, 1998 ;
361 words
......Moody's Investors Service upgraded debt ratings Thursday for General Motors Corp. and...and debt. Moody's raised the long-term debt ratings for both automakers from A3 to A2, as...financing. Moody's also upgraded short-term debt ratings of GM and Chrysler Financial Corp...
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