S&P Cuts Clorox Rating
On Oct. 7, Standard & Poor's Ratings Services lowered its long-term corporate credit ratings on Clorox (CLX ) to 'A-' from 'A+' and its and short-term rating to 'A-2' from 'A-1'. The ratings outlook for the Oakland, Calif.-based consumer products compamy is negative. The downgrade affects approximately $764 million of currently funded debt.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.