Moody’s raises Minerals Technologies to Ba2

Moody's Investors Service said it upgraded all long-term ratings for Minerals Technologies Inc., including the corporate family rating to Ba2 from Ba3.

The SGL-2 speculative grade liquidity rating was affirmed.

The outlook is stable.

"Minerals Technologies has made significant progress in the past year and the company's credit metrics should continue to strengthen as it uses free cash flow to reduce debt," Ben Nelson, Moody's assistant vice president and lead analyst for Minerals, said in a news release.

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