Moody’s upgrades Outokumpu’s corporate family rating to Ba2 – outlook stable
Outokumpu OyjPress releaseMay 19, 2023 at 9:00 am EESTMoody’s upgrades Outokumpu’s corporate family rating to Ba2 – outlook stable Moody’s has upgraded Outokumpu’s corporate family rating to Ba2 from the previous rating of Ba3. At the same time, Moody’s changed the outlook on the rating from positive to stable. “Outokumpu is now financially stronger than ever, and we have the strongest balance sheet in the stainless steel industry. With our improved capabilities we are able to create value also in more challenging market conditions. We are very pleased that Moody’s recognizes our