Moody’s changes CF outlook to positive

Moody’s Investors Service said it changed its outlook for CF Industries, Inc. to positive from stable and affirmed its Baa3 senior unsecured rating.

"The positive outlook reflects expectations of strong credit metrics over the next 12-18 months despite weaker fertilizer prices," said Anastasija Johnson, a Moody’s vice president and senior credit officer, in a press release.

"The positive outlook also reflects expectations that management will continue to maintain conservative financial policies as it advances its clean energy initiatives," Johnson added.

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