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14.01.2014 19:29:00
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Steelcase Inc. -- Moody's upgrades Steelcase's rating to Baa3; outlook stable
New York, January 14, 2014 -- Moody's Investors Service upgraded Steelcase, Inc.'s ("Steelcase") senior unsecured rating to Baa3 because of its strong operating performance and credit metrics and the expectation for continued improvement. The Ba1 Corporate Family Rating, Ba1-PD Probability of Default Rating and SGL-2 speculative grade liquidity rating were withdrawn. The rating outlook is stable.
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