Moody’s lifts Oshkosh, debt

Moody's Investors Service said it upgraded Oshkosh Corp.’s corporate family rating to Ba2, probability of default rating to Ba2-PD and senior unsecured bonds due 2020 and 2022 to Ba3 from B1.

The outlook was changed to stable from positive following the upgrade.

Moody’s said the upgrade reflects the company's low leverage, business diversity and the expectation for ongoing conservative balance sheet management.

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