28.10.2013 23:25:00

CF Industries, Inc. -- Moody's: CF's Sale of Phosphate business to Mosaic a modest credit positive

New York, October 28, 2013 -- CF Industries' (CF, Baa2, stable) announced agreement to sell their phosphate mining and manufacturing business to The Mosaic Company (Mosaic, Baa1, stable) for a $1.4 billion cash consideration is only a modest credit positive and will not result in a change to the rating or outlook.

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