Moody's Investors Service has downgraded POSCO's credit rating by a notch from A1 to A2 with a negative outlook.
The international credit ratings agency lowered the Korean steel maker's rating in consideration of the effects of its buyout of Daewoo International for KWR 3.4
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Monday, August 30, 2010
Moody downgrades POSCO credit rating on Daewoo International buy
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