Sydney, November 28, 2016 -- Moody's Investors Service has changed the rating outlook on South32 Limited to stable from negative. At the same time Moody's has affirmed the company's Baa1/P-2 issuer rating and P-2 short term commercial paper rating. Moody's has also affirmed the P-2 short term commercial paper rating of South32 Treasury (USA) Limited.
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