Viterra Limited has today received its first public credit ratings with two investment grade ratings from S&P Global Ratings (S&P) and Fitch Ratings (Fitch).
S&P assigned a BBB- rating with a stable outlook and Fitch also assigned a BBB- rating with a stable outlook.
Peter Mouthaan, Chief Financial Officer of Viterra Limited, said the investment grade ratings recognise the scale and quality of the company’s global agriculture network and the positive outlook that exists for our industry.
“We have a diversified business with a well-positioned and integrated network of assets and leading market positions that underpin our financial strength.”
“These ratings will allow us to diversify our funding base which, together with our robust financial discipline and supportive shareholders, creates opportunities for further long-term investment in, and development of, our agriculture network.”
More information:
S&P Global Ratings statement (account required): https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/2626025
Fitch Ratings statement: https://www.fitchratings.com/research/corporate-finance/fitch-assigns-viterra-first-time-idr-bbb-rates-proposed-notes-bbb-exp-12-04-2021
About Viterra
At Viterra, we believe in the power of connection. Our world-leading, fully integrated agriculture network connects producers to consumers with sustainable, traceable and quality-controlled agricultural products. With more than 17,500 talented employees operating in 37 countries, our strategic network of storage, processing and transport assets enable us to offer innovative solutions and open pathways for our customers, creating successful partnerships that last. Together, we are stronger, and achieve more.
FOR MORE INFORMATION, PLEASE CONTACT:
Jeff Cockwill
+1 306 569 6673
jeff.cockwill@viterra.com