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Moody's: Global Brass notes B3
Moody's Investors Service said it affirmed Global Brass and Copper, Inc.'s B2 corporate family and probability of default ratings.
In a related action, Moody's assigned a B3 rating to the company's proposed $375 million senior secured notes due 2019.
The outlook is positive.
Moody's said these actions result from the company's recent announcement that it is refinancing its entire capital structure.
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