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Moody’s changes Barrick Gold to stable
Moody's Investors Service said it affirmed the senior unsecured ratings of Barrick Gold Corp. and all guaranteed rated subsidiaries at Baa3, and revised the outlook to stable from negative.
"The outlook revision to stable reflects Barrick's reducing leverage and management's commitment to further reduce debt," Moody's vice president, senior analyst Jamie Koutsoukis said in a news release.
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