15.05.2014 17:59:00

Erdemir -- Moody's upgrades Erdemir's CFR to Ba3 from B1; stable outlook

London, 15 May 2014 -- Moody's Investors Service today upgraded the Turkish steel producer Erdemir's corporate family rating (CFR) to Ba3, the probability of default to Ba3-PD and the national scale rating to Baa1.tr. The rating outlook is stable.

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