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Teva Eyes New Growth Phase After Securing Investment-Grade Ratings

Source: marketbeat.com

Healthcare & BiotechCompany FundamentalsCredit & Bond Markets
Teva Eyes New Growth Phase After Securing Investment-Grade Ratings

Teva Pharmaceutical Industries said it is planning for greater financial flexibility after securing investment-grade ratings from all three major credit rating agencies. The achievement improves Teva's credit profile and could lower financing costs, supporting balance-sheet management and future capital-allocation options.

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