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S&P Global Upgraded Vallourec Long Term Credit Rating To 'B+'; Outlook Stable

By: via GlobeNewswire

Meudon (France), 23 November 2022 – Vallourec announces today that S&P Global has decided to upgrade Vallourec’s long-term issuer credit rating to 'B+' from 'B' and the issue rating on its senior unsecured notes to 'BB-' from 'B+'. S&P Global also affirmed 'B' rating on its commercial paper program.

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