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Moody's downgrades Maersk's credit rating

Rating bureau Moody's downgrades the Maersk Group's credit rating. Maersk is now just one step away from a junk rating.

Photo: Ritzau Scanpix/Kasper Palsnov

Moody's lowers A.P. Moeller-Maersk's credit rating from Baa2 to Baa3, though with a stable outlook, says the rating bureau.

The downgrade could make it more expensive for the Maersk Group to borrow money.

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