New York, December 09, 2015 -- Moody's Investors Service confirmed Cytec Industries Inc. (Cytec) ratings on its senior unsecured notes at Baa2; and withdrew the (P)Baa2 ratings on the company's senior unsecured shelf. The outlook on the ratings is negative. This action concludes the review commenced in July 2015 when Solvay S.A. (Baa2, negative), a public limited company organized under the laws of Belgium, announced the acquisition of Cytec. The transaction has been approved by the boards and shareholders of both companies and closed earlier today, December 9, 2015.

Vollständigen Artikel bei Moodys lesen