New York, June 13, 2016 -- Moody's Investors Service assigned a B2 rating to AK Steel Corporations (AK Steel) $380 million senior secured guaranteed notes due 2023. The senior secured notes are being issued under an existing shelf registration. All other ratings, including the B3 corporate family rating (CFR), B3-PD probability of default rating and SGL-3 speculative grade liquidity rating remain unchanged. The outlook is negative.
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