Union Carbide Corp.’s debt ratings are under...
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Union Carbide Corp.’s debt ratings are under review by Moody’s Investors Services Inc. for possible upgrade. Moody’s said it initiated the review because an extensive recapitalization program has sharply reduced the high degree of leverage that existed until recently in the Danbury, Conn.-based company’s capital structure and also because of Union Carbide’s improved operating performance.
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