05.12.2014 04:55:00
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POSCO -- Moody's: POSCO's sale of POSCO specialty steel is credit positive; rating unaffected
Hong Kong, December 05, 2014 -- Moody's Investors Service says that POSCO's sale of its majority stake in POSCO Specialty Steel Co Ltd (unrated) is credit positive, but will not have any impact on the steel-maker's Baa2 rating and stable outlook.