London, 16 November 2015 -- Moody's Investors Service (Moody's) has today assigned a provisional (P)Ba1 rating to the proposed issuance of Undated Deeply Subordinated Fixed to Reset Rate Perp-NC Bonds (the Hybrid) by Solvay Finance, guaranteed by Solvay SA (Solvay). Moody's has also assigned (P)Baa2 ratings to the proposed issuance of euro-denominated senior unsecured bonds by Solvay and of US dollar-denominated senior unsecured notes by Solvay Finance (America), LLC., guaranteed by Solvay. The outlook is negative on all ratings. The size and completion of the Hybrid and senior unsecured transactions remain subject to market conditions.
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