AK Steel's debt rating upgraded
Tuesday, 15 February 2005 10:18:03 (GMT+3)
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AK Steel’s debt rating upgraded
Moody's Investors Service announced that it upgraded Ohio-based AK Steel's debt ratings due to the steel producer's improved operating performance and cash flow.
Moody's raised AK Steel's senior implied debt rating from “B2” to “B1” and the senior unsecured issuer ratings from “B3” to “B1”.
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