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Upgrade for FMC: Standard & Poor`s Corp. upgraded its ratings on FMC Corp.`s senior debt to Triple-B-minus from Double-B-plus, and subordinated debt to Double-B-plus from Double-B-minus, affecting about $1 billion of debt outstanding. S&P said the rating action recognizes the Chicago-based firm`s continued improvement of its capital structure following a recapitalization in 1986.
