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Fitch Affirms Eastman Chemical's LT IDR at 'BBB'; Outlook Stable

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) and senior unsecured debt ratings of Eastman Chemical Co. (Eastman) at 'BBB', and its short-term IDR and commercial paper rating at 'F2'. The Rating Outlook for Eastman is Stable. KEY RATING DRIVERS Company Profile The ratings reflect Eastman's diversity of chemical products, strong market positions in key end-user markets, vertical integration of production along its acetyl, polyester and olefin prod

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