CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR), senior unsecured note rating and revolving credit facility (RCF) rating of NewMarket Corporation (NewMarket) at ‘BBB’. The Rating Outlook is Stable. KEY RATING DRIVERS The ratings reflect the stability of the company’s businesses and profits. NewMarket’s conservative financial policies are consistent with a ‘BBB’ rating even though EBITDA is expected to remain under $500 million over the medium term.
