From S&P
Tata Steel announced that the sharp fall in international steel prices due to excessive exports from China and other has triggered a review of Tata Steel's credit ratings by Standard and Poor (S&P). The corporate credit rating has been downgraded by 1 notch.
Tata Steel
Long term corporate credit rating -- BB- (Revised from BB)
Tata Steel UK Holdings
Long term corporate credit rating -- B+ (Revised from BB-)
Short term corporate credit ratings -- B (Affirmed)
ABJA Investment Co.
Issue rating on the Company's guaranteed senior unsecured notes -- BB- (Revised from BB)
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