date:Aug 08, 2012
aid Chris Johnson, an analyst with the ratings agency. The drought could also result in lower volumes for the companys ethanol facilities. And the companys grain handling volume may suffer, too.
S.P. said it would consider revising its outlook from negative to stable if ADMs financial performance improved to a point the ratio of debt to EBITDA would be sustained at 2.5 times, and funds from operations to total debt would be greater than 30%.
We would also consider revising the outlook to stable