08.06.2013 00:45:00

FMC Corporation -- Moody's assigns a Prime-2 rating to FMC's CP program; moves outlook to positive

New York, June 07, 2013 -- Moody's Investors Service assigned a Prime-2 commercial paper rating to FMC Corporation (FMC) and moved the outlook on the firm's ratings to positive from stable. The company's Baa1 senior unsecured ratings were also affirmed. FMC is establishing a $1.5 billion commercial paper program (rated Prime-2) to be used for general corporate purposes. Initial borrowings under the program will be used to repay existing borrowings under the revolving credit facility ($455 million as of March 31, 2013).

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