Rotterdam, The Netherlands, November 13, 2020 – Louis Dreyfus Company B.V. (LDC) announced today that it has received its first public credit rating by S&P Global Ratings (S&P), which assigned an investment grade rating of BBB- with a positive outlook.
LDC has been active in the debt capital markets since 2012 and holds today three unrated senior bonds listed on the Luxembourg Stock Exchange. This initial public credit rating will give the Group broader access to the debt capital markets.
“This rating reflects the positive long-term outlook for our sector, recognizes LDC’s solid track record of resilient results, and demonstrates confidence in the Group’s ambitious strategy for a new stage of growth and development,” said Patrick Treuer, LDC’s Chief Financial Officer. “Following the strategic partnership signed this week, LDC is well positioned to accelerate its long-term business plan through investments across the value chain, in order to fulfill its crucial role for global food security and create value for shareholders, while maintaining discipline and prudence in financial and risk management.”
The S&P statement on this rating is available here.
About Louis Dreyfus Company
Louis Dreyfus Company is a leading merchant and processor of agricultural goods. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, responsibly and reliably. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Grains & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 18 000 people globally. For more information, visit www.ldc.com and follow us on Twitter, LinkedIn and WeChat (ID: we_are_ldc).
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