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Stock impact report

Avantor Announces Credit Rating Upgrade by S&P Global Ratings

Avantor, Inc. (AVTR) 
Last avantor, inc. earnings: 4/29 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
RADNOR, Pa., Aug. 10, 2020 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission critical products and services to customers in the life sciences and advanced technologies & applied materials industries, today announced that S&P Global Ratings upgraded its long-term issuer default rating (IDR) to 'BB-'/Positive Outlook."We are pleased with S&P Global's decision to upgrade our ratings to BB- with a positive outlook," said Thomas Szlosek, Executive Vice President and Chief Financial Officer at Avantor. "Our resilient business model, important relevance to our customers' priorities and consistent execution are driving strong cash generation; and we are confident in the continued deleveraging of our balance sheet."About Avantor Avantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portf Show less Read more
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