Shiloh credit rating upgraded by Moody’s
Oct 26, 2011 | 09:45 AM
| Corinna Petry
Tags
Shiloh Industries,
automotive blanks,
steel blanks,
Moody's Investors Services
CHICAGO — Shiloh Industries Inc.’s improved cost structure, lower breakeven levels and business growth has landed it an upgraded credit rating by Moody’s Investors Service.
The Valley City, Ohio-based automotive steel blank producer’s 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.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here