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Published on 10/16/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Moody’s gives U.S. Steel convertibles B3

Moody’s Investors Service said it assigned a B3 senior unsecured rating to U. S. Steel Corp.’s convertible senior notes due 2026.

Moody’s affirmed the B2 corporate family rating, the B2-PD probability of default rating, and the B3 senior unsecured ratings.

The outlook is stable.


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