19.05.2015 21:26:00
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Park-Ohio Industries Incorporated -- Moody's upgrades Park-Ohio Industries' CFR to B1; outlook stable
New York, May 19, 2015 -- Moody's Investors Service ("Moody's") upgraded Park-Ohio Industries Incorporated's ("Park-Ohio") Corporate Family Rating to B1 from B2 and its Probability of Default Rating to B1-PD from B2-PD. At the same time, Moody's affirmed the $250 million senior unsecured notes at B3. The Speculative Grade Liquidity Rating was affirmed at SGL-2. The outlook is stable.