New York, December 02, 2015 -- Moody's Investors Service changed Tesoro Corporation's (Tesoro) rating outlook to positive from stable. Moody's also affirmed the company's Ba1 Corporate Family Rating (CFR) and Ba2 senior unsecured debt rating, and assigned a Baa2 senior secured credit facility rating. The Ba1 senior secured term loan rating was already withdrawn as the term loan has been repaid. Tesoro's Speculative Grade Liquidity Rating was changed to SGL-1 from SGL-2.

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