DBRS Releases Report on Potash Corporation

DBRS has today released a report on Potash Corporation of Saskatchewan Inc. (PCS or the Company) that provides further detail on the recent confirmation of the Company’s BBB (high) Senior Unsecured Debt rating and the R-1 (low) Commercial Paper rating, both with Stable trends.

The Company’s status as the leading producer of potash fertilizers is complemented by a strong U.S.-based phosphate fertilizer/industrial products business and a competitive nitrogen-based fertilizer/industrial supply business focused on the North American market. This makes PCS, in aggregate, the largest fertilizer enterprise in the world by capacity. PCS’s business lines are underpinned by extensive potash and phosphate rock reserves and access to competitively-priced natural gas supplies for nitrogen product production.

Notes:
The applicable methodologies are Rating Companies in the Mining Industry (primary) and Rating Companies in the Industrial Products Industry (secondary), which can be found on our website under Methodologies.