Moodys downgrades BASF to A3, stable outlook
26.06.2020
MOSCOW (MRC) -- Moody's today published a downgrade of BASF's long-term and short-term credit ratings from "A2/P-1/review for downgrade" to "A3/P-2/outlook stable", reported Chemweek.The reasons for these changes include the economic impact of the COVID-19 pandemic and related uncertainty. "We have taken note of Moody's decision, and we will strive to come back to a solid A rating at Mood