Outokumpu – Moody’s upgrades Outokumpu’s issuer corporate family rating to B2 with a change in outlook to positive
Outokumpu OyjPress releaseMay 12, 2021 at 3.20 pm EESTOutokumpu – Moody’s upgrades Outokumpu’s issuer corporate family rating to B2 with a change in outlook to positive Moody’s has upgraded Outokumpu’s issuer corporate family rating to B2 from the previous rating of B3 and probability default rating to B2-PD from the previous B3-PD. Moody’s has also upgraded the rating for Outokumpu’s senior secured notes due 2024 to B1 from the previous rating of B2. Further, Moody’s has upgraded the outlook on the ratings to positive – the previous outlook on ratings was stable. Says CFO Pia