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Moody's: USG view positive
Moody's Investors Service said it affirmed USG Corp.'s Caa1 corporate family and probability of default ratings and the speculative grade liquidity rating at SGL-3.
In a related rating action, Moody's improved USG's rating outlook to positive from stable, reflecting expectations for improving credit metrics as the company benefits from the rebound in the domestic repair and remodeling and new home construction sectors, key drivers of USG's earnings.
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