29.03.2016 15:01:00
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Outokumpu Oyj -- Moody's assigns B3 CFR to Outokumpu Oyj.; positive outlook
London, 29 March 2016 -- Moody's Investors Service, (Moody's) has today assigned a first time issuer corporate family rating (CFR) of B3 and B3-PD probability default rating (PDR) to Finland-based leading stainless steel manufacturer Outokumpu Oyj (Outokumpu). Concurrently, Moody's assigned B2 ratings to the EUR250 million senior secured fixed rate notes due September 2019 issued by Outokumpu Oyj. The outlook on the ratings is positive.