Moody’s upgrades Evonik issuer rating to Baa1
Reuters2026/08/27 06:09- Moody’s raised Evonik’s long-term issuer rating to Baa1 from Baa2 on Aug. 27, 2026; outlook set to stable.
- Senior unsecured notes upgraded to Baa1; hybrid bond 2025/2055 instrument rating lifted to Baa2.
- Moody’s cited leverage moving sustainably below 2.5x, stronger cash flow metrics, cost optimization, and a more flexible dividend policy.
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