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Moody’s lifts Globaltrans
Moody's Investors Service said it upgraded Globaltrans Investment plc's corporate family rating to Ba1 from Ba2 and probability of default rating to Ba1-PD from Ba2-PD.
The outlook is stable.
“Today's upgrade of Globaltrans' rating to Ba1 reflects the company's track record of organic growth, while improving profitability and preserving conservative financial profile,” the agency said in a news release.
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