Moody’s upgrades Outokumpu’s issuer corporate family rating to Ba3 – the best credit rating since its first launch in 2016
Outokumpu OyjPress releaseNovember 15, 2021 at 2.30 pm EETMoody’s upgrades Outokumpu’s issuer corporate family rating to Ba3 – the best credit rating since its first launch in 2016 Moody’s has upgraded Outokumpu’s issuer corporate family rating by two notches from B2 to Ba3. This is the best credit rating Outokumpu has had since the first launch of the rating in 2016, and already the second upgrade this year. The previous upgrade from B3 to B2 took place in May when Outokumpu prepaid its loans from financial institutions by EUR 210 million with the proceeds of the directed share