Moodys downgrades LyondellBasell after Sasol JV deal to Baa2

Moodys downgrades LyondellBasell after Sasol JV deal to Baa2
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06.10.2020

MOSCOW (MRC) -- Moody's Investors Services downgraded on Monday its ratings for LyondellBasell to Baa2 from Baa1 following the company's announcement that it will acquire a 50% stake in some of the units at Sasol's chemical complex in Lake Charles, Louisiana, US, said the company.The new score, which applies to LyondellBasell's senior unsecured ratings, remains within Moody's investment-g

Full article at mrcplast.com

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