28.07.2014 13:35:00
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Tata Steel Ltd. -- Moody's puts Tata Steel and Tata Steel UK on review for upgrade
Singapore, July 28, 2014 -- Moody's Investors Service, ("Moody's") has put Tata Steel Limited ("TSL")'s corporate family rating of Ba3 and Tata Steel UK Holdings Limited ("TSUKH")'s corporate family rating of B3 on review for upgrade. The other ratings under review for upgrade are TSUKH's probability of default rating of B3-PD, and the B3/LGD 3(49%) rating of TSUKH's term loan facility.