Moody's Cuts Alcoa's (AA) Unsecured Rating to Ba1; Assigns CFR Ba1

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Alcoa (AA) Disappointed in Moody's Decision; Issues Statement on Rating Change

May 29, 2013 4:08 PM EDT

Alcoa (NYSE: AA) issued the following statement following a Moody's rating change earlier:

While we are disappointed by Moodys decision today, we remain committed to maintaining our investment grade rating and will continue to execute on our strategy and our 2013 goal of... More