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BASF considers a good investment grade rating an important target and wants to maintain the current excellent credit rating. To this purpose, regular review meetings between rating agencies and BASF senior management are arranged. We also have regular contacts with rating analysts.
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Present rating and outlook:


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Rating agency
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long-/short-term rating
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outlook
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Moody’s
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Aa3 / P-1
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negative
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Standard & Poor’s
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AA- / A-1+
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stable
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BASF has significantly stronger ratings from Standard & Poor's and Moody's than its competitors in the chemical industry.
as of June 13, 2007
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