05:16 AM EDT, 10/27/2026 (MT Newswires) -- Fitch on Monday affirmed its long-term issuer default rating on BASF (BAS.F) at A, with a stable outlook, according to a Monday note. The rating is supported by the German chemicals company's very strong business profile and its commitment to maintaining a solid balance sheet amid challenging chemical markets. Meanwhile, the stable outlook reflects the group's successful deleveraging, with EBITDA net leverage expected to fall to 2x by the end of 2026 following the disposal of its automotive coatings business, after three years at or above 2.2x.

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