Moody's Affirms Ratings of ArcelorMittal's LOC-backed Bonds Series 2005 and 2006
New York, March 06, 2017-- Moody's Investors Service has affirmed the long-term joint support letter of credit backed ratings of Indiana Finance Authority Environmental Improvement Revenue Refunding Bonds Series 2005 at Aa1 and Series 2006 at A2. The short-term ratings of, VMIG 1 on the 2005 Bonds, and VMIG 2 on the 2006 Bonds, remain unchanged. Moody's review of the long-term joint default analysis ratings of the Bonds resulted from Moody's upgrade of ArcelorMittal's senior...
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