ROTTERDAM, The Netherlands – Following the assignment in November 2020 of Louis Dreyfus Company B.V.’s (LDC) inaugural public credit rating by S&P Global Ratings (S&P), the agency announced on October 19 it had upgraded LDC’s credit rating to ‘BBB/A-2’ with stable outlook, underlining LDC’s solid operating and financial results.
“The rating reflects S&P’s sustained positive long-term outlook for our sector and continued confidence in LDC’s strategy,” said Patrick Treuer, LDC’s Chief Financial Officer.
“The upgrade will further deepen LDC’s access to short- and long-term debt capital markets, reduce financing costs and facilitate the implementation of our long-term growth plans.”
The S&P report is available here.
About Louis Dreyfus Company
Louis Dreyfus Company is a leading merchant and processor of agricultural goods, founded in 1851. The company leverages its global reach and extensive asset network to serve its customers and consumers around the world, delivering the right products to the right location, at the right time – safely, reliably and responsibly.
Its activities span the entire value chain, from farm to fork, across a broad range of business lines (platforms) including Grains & Oilseeds, Coffee, Cotton, Juice, Rice, Sugar, Freight, Carbon Solutions and Global Markets.
Structured as a matrix organization of six geographical regions and nine platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally.
For more information, visit www.ldc.com and follow on Twitter, LinkedIn and WeChat (ID: we_are_ldc).
