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SYA Synarbor

5.00
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Synarbor LSE:SYA London Ordinary Share GB00B00LM737 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Upgrade of credit rating

19/09/2003 10:28am

UK Regulatory


RNS Number:9508P
Syngenta AG 
19 September 2003


Media Release - Communique aux Medias - Medienmitteilung


Moody's upgrades Syngenta's credit rating


Basel, Switzerland, September 19, 2003

Moody's Investor Services has announced that it has upgraded Syngenta's
long-term credit rating from Baa1 to A3.

Domenico Scala, Syngenta's CFO, commented: "This upgrade recognizes the
significant strengthening of Syngenta's balance sheet since the company's
formation in 2000 as well as the ability to generate strong cash flow." He added
"Moody's has also acknowledged our successful merger, rapid de-leveraging and
improved business performance and quality".

Standard & Poor's long-term credit rating for Syngenta is A-.

Syngenta is a world-leading agribusiness committed to sustainable agriculture
through innovative research and technology. The company is a leader in crop
protection and ranks third in the high-value commercial seeds market. Sales in
2002 were approximately US$6.2 billion. Syngenta employs some 20,000 people in
over 90 countries. Syngenta is listed on the Swiss stock exchange (SYNN), London
(SYA), New York (SYT) and Stockholm (SYN). Further information is available at
www.syngenta.com.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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