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US: Moody’s raises Dana outlook

Moody’s Investors Service has raised the ratings outlook of Dana Holding to positive from stable because of improved operating performance. Moody’s has a corporate family and probability of default rating of B3 on Dana. The ratings affect about US$1.6bn in debt.

Moody’s Investors Service has raised the ratings outlook of Dana Holding to positive from stable because of improved operating performance. Moody’s has a corporate family and probability of default rating of B3 on Dana. The ratings affect about US$1.6bn in debt.

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