S&P Global Ratings revised outlook on Novelis to positive and affirmed at "B+" (Foreign Currency LT) credit rating

August 10, 2017 - CBonds

 

S&P Global Ratings affirmed the "B+" Foreign Currency LT credit rating of Novelis on August 9, 2017. At the same time the rating agency revised outlook to positive from stable.
Share:
Issuer: Novelis
Issuer profile:
Novelis Inc. produces and sells aluminum rolled products. It operates through four segments: North America, Europe, Asia, and South America. The company produces aluminum sheet and light gauge produc... more
Outstanding issues:
2 issuesUSD2,650,000,000
Issuer rating:
Moody's Investors ServiceB1/StableLT- local currency08/11/2016
S&P Global RatingsB+/PositiveForeign Currency LT08/09/2017
S&P Global RatingsB+/PositiveLocal Currency LT08/09/2017
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