S&P upgrades Compass Minerals credit rating to B+

Compass Minerals International, Inc.

Compass Minerals International, Inc.

CMP

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  • Compass Minerals received an S&P Global Ratings upgrade to B+ from B, with a stable outlook.
  • S&P cited debt paydown and improved profitability, cutting adjusted leverage to 3.1x from 4.2x over the past 12 months.
  • Senior secured debt rating raised to BB; senior unsecured debt rating lifted to B+.


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