15
Feb
10:56
Moody's upgrades Aperam
Moody's Investors Service has upgraded the rating of Luxembourg-based stainless steel manufacturer Aperam, assigning a long-term issuer rating of Baa3 from Ba2, Kallanish learns from a Moody’s release.
"Our decision to upgrade Aperam to investment grade reflects the company's strong operating performance, robust cash flow generation and successful efforts to de-lever over the past three years, as well as its ability to further reduce debt and …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous