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30 May
19:05

Moody's uplifts Tata Steel Limited's rating outlook

As well as upgrading its corporate family rating (CFR) for subsidiary Tata Steel Holding Limited UK (see related article), credit rating analyst Moody’s has changed parent Tata Steel Limited’s rating outlook positively. Moody's has affirmed Tata Steel Ltd.'s Ba3 corporate family rating (CFR) and changed the rating outlook to positive from stable, Kallanish learns from a note by the ratings analyst. As well as performance improvement by its…
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