PTI reported that Standard and Poor's has kept its 'BB' issue rating on the GBP 3.67 billion senior secured debt of TATA Steel UK on credit watch with negative implications.
Mr Vasmin Wirjawan analyst of S&P's credit in a statement said that "The credit watch update reflects the
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Friday, May 8, 2009
S&P puts TATA Steel UK secured debt on watch
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