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Engelhard Ratings Lowered.(Statistical Data Included)

Publication: APCJ Fax News

Publication Date: 26-MAY-99
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COPYRIGHT 1999 Douglas Publications

Standard & Poor's last week" lowered its corporate credit and senior unsecured debt ratings for Engelhard Corp. to single-A-minus from single-`A'. The mixed shelf debt rating for the company was lowered to preliminary single-`A'-minus/triple-`B'-plus from preliminary single-W/single-A-minus.

These rating actions are based on Engelhard's announcement that it has completed...

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