Royal DSM N.V. Credit Rating

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Date	Document Type	Title	Source
06 Apr 2018	Peer Snapshot	Royal DSM N.V. - December 2017 (LTM): Peer Snapshot	Moody's Investors Service
12 Dec 2017	Peer Snapshot	Royal DSM N.V. - September 2017 (LTM): Peer Snapshot	Moody's Investors Service
06 Sep 2017	Peer Snapshot	Royal DSM N.V. - June 2017 (LTM): Peer Snapshot	Moody's Investors Service
12 Jun 2017	Credit Opinion	Royal DSM N.V.: Update Following Recent Outlook Stabilisation	Moody's Investors Service
02 Jun 2017	Peer Snapshot	Royal DSM N.V. - March 2017 (LTM): Peer Snapshot	Moody's Investors Service
18 May 2017	Rating Action	Moody's changes Royal DSM's outlook to stable from negative; affirms A3/P-2 ratings	Moody's Investors Service
03 Apr 2017	Peer Snapshot	Royal DSM N.V. - December 2016 (LTM): Peer Snapshot	Moody's Investors Service
13 Dec 2016	Credit Opinion	Royal DSM N.V.: Update to Discussion of Key Credit Factors	Moody's Investors Service
21 Nov 2016	Peer Snapshot	Royal DSM N.V. - Q3 2016: Peer Snapshot	Moody's Investors Service
30 Aug 2016	Peer Snapshot	Royal DSM N.V.: Peer Snapshot	Moody's Investors Service
26 Nov 2015	Credit Opinion	Royal DSM N.V.	Moody's Investors Service
23 Nov 2015	Rating Action	Moody's changes outlook on DSM's A3/P-2 ratings to negative from stable	Moody's Investors Service
19 Mar 2015	Issuer Comment	Royal DSM Spinoff of Polymer Intermediates and Composite Resins Businesses Is Credit Positive	Moody's Investors Service
27 Nov 2014	Rating Action	Moody's changes outlook on DSM's A3/P-2 ratings to stable from positive	Moody's Investors Service
19 Nov 2013	Issuer Comment	DSM's deconsolidation of Pharma operations is in line with positive outlook on its A3 ratings.	Moody's Investors Service
19 Dec 2012	Announcement	Moody's changes outlook on DSM's A3/P-2 ratings to positive	Moody's Investors Service
23 Dec 2011	Announcement	Moody's Disclosures on Credit Ratings of Royal DSM N.V.	Moody's Investors Service
27 Oct 2011	Analysis	Royal DSM N.V.	Moody's Investors Service
22 Dec 2010	Issuer Comment	Acquisition of Martek by DSM is supportive to DSM's A3 rating.	Moody's Investors Service
30 Nov 2010	Analysis	Royal DSM N.V.	Moody's Investors Service
24 Sep 2010	Issuer Comment	Moody's comments on the strategy update by DSM.	Moody's Investors Service
16 Nov 2009	Analysis	Royal DSM N.V.	Moody's Investors Service
26 Feb 2009	Announcement	Moody's affirms DSM A3 ratings. Outlook is stable.	Moody's Investors Service
02 Dec 2008	Analysis	Royal DSM N.V.	Moody's Investors Service
09 Oct 2007	Analysis	Royal DSM N.V.	Moody's Investors Service
27 Sep 2007	Rating Action	Moody's lowers DSM's debt ratings to A3/P-2. Outlook stable	Moody's Investors Service
27 Sep 2006	Analysis	Royal DSM N.V.	Moody's Investors Service
27 Sep 2006	Issuer Comment	Moody's comments on DSM share buyback	Moody's Investors Service
18 Aug 2006	Liquidity Risk Assessment	Royal DSM N.V.	Moody's Investors Service
05 Jul 2005	Analysis	DSM N.V.	Moody's Investors Service
17 May 2005	Rating Action	MOODY'S CHANGES TO STABLE THE OUTLOOK ON DSM N.V.'s A2 RATING	Moody's Investors Service
14 Nov 2003	Analysis	DSM N.V.	Moody's Investors Service
03 Oct 2003	Financial Statement Ratios	DSM N.V.	Moody's Investors Service
05 Sep 2002	Rating Action	MOODYS CONFIRMS DSM'S A2/PRIME-1 RATINGS FOLLOWING ANNOUNCEMENT TO PURCHASE ROCHE BUSINESS	Moody's Investors Service
03 Apr 2002	Rating Action	MOODY'S AFFIRMS DSM'S A2/PRIME-1 RATINGS FOLLOWING ANNOUNCED SALE OF PETROCHEMICALS TO SABIC	Moody's Investors Service
23 Nov 2001	Rating Action	MOODYS CONFIRMS DSM'S A2/PRIME-1 RATINGS. OUTLOOK REMAINS NEGATIVE.	Moody's Investors Service
28 Sep 2000	Rating Action	MOODYS CONFIRMS A2 AND PRIME-1 RATINGS FOR DSM.	Moody's Investors Service
03 Aug 2000	Rating Action	MOODYS PLACES A2/PRIME-1 RATINGS FOR DSM ON REVIEW FOR POSSIBLE DOWNGRADE.	Moody's Investors Service
17 Nov 1998	Rating Action	MOODY'S ASSIGNS A PRIME-1 COMMERCIAL PAPER RATING TO DSM NV.	Moody's Investors Service
28 Oct 1998	Rating Action	MOODY'S ASSIGNS AN A2 ISSUER RATING TO DSM N.V.	Moody's Investors Service

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