Symrise Achieves Investment Grade Ratings from S&P and Moody's
Key highlights
- Symrise received BBB+ and Baa1 ratings from S&P Global and Moody's.
- The ratings come with stable outlooks, indicating financial stability.
- Deutsche Bank acted as the sole ratings advisor for Symrise.
Investment Grade Ratings
Symrise AG has received inaugural investment grade credit ratings from S&P Global and Moody's. The ratings are BBB+ from S&P Global and Baa1 from Moody's, both with stable outlooks.
Key Strengths
The ratings reflect Symrise's strong market position, solid financial performance, and effective risk management. The stable outlook indicates confidence in the company's financial stability over the medium term.
Capital Market Access
These ratings enhance Symrise's access to global capital markets and diversify its funding sources. The company now holds one of the best ratings positions among flavor and fragrance companies.
Advisory Support
Deutsche Bank served as the sole ratings advisor to Symrise during the comprehensive process of obtaining these inaugural ratings.
Source: Symrise