15.12.2014 14:52:00
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OAO TMK -- Moody's affirms TMK's ratings; changes the outlook to negative
London, 15 December 2014 -- Moody's Investors Service, (Moody's) has today affirmed the B1 corporate family rating (CFR) of OAO TMK (TMK) and the rating of TMK Capital S.A., the issuer of senior unsecured loan participation notes issued for the sole purpose of financing loans to TMK. TMK's probability of default rating (PDR) is affirmed at B1-PD. The outlook is changed to negative from stable on all ratings.