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Moody's: Samsung Electronics to stable
Moody's Investors Service said it affirmed the A1 senior unsecured rating for Samsung Electronics Co., Ltd. (SEC) and the A1 unsecured bond issued by Samsung Electronics America, Inc., which is irrevocably and unconditionally guaranteed by SEC.
The outlook was changed from stable to positive.
"The change in outlook to positive reflects the company's solid earnings momentum, stabilizing operating profit margins and significant free cash flow generation," Moody's vice president and senior analyst Annalisa Di Chiara said in a news release.
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