Moody's bumps up Teck ratings on debt cuts, expected cash flow

摘要

Moody's on July 18 upgraded Teck Resources Ltd.'s corporate family rating to Ba2 from Ba3, the probability of default rating to Ba2-PD from Ba3-PD, guaranteed senior unsecured note rating to Ba1 from Ba2 and the rating for unguaranteed senior unsecured notes to Ba3 from B1.