Shiloh credit rating upgraded by Moody’s
Oct 26, 2011 | 09:45 AM
| Corinna Petry
CHICAGO Shiloh Industries Inc.s improved cost structure, lower breakeven levels and business growth has landed it an upgraded credit rating by Moodys Investors Service.
The Valley City, Ohio-based automotive steel blank producers corporate family rating moved to "B1" from "B2," its probability of default rating rose to "B2" from "B3" and its amended $80-million revolving credit facility due April 2016 was assigned a "Ba2" rating.....
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