Comprehensive Real-Time News Feed for Mason, OH.
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Fitch Ratings upgraded the rating on Nova Chemicals Corp.'s $1.7 billion in debt to BBB-minus and revised its rating outlook to stable from positive. Fitch said Nova has benefited from low-cost feedstocks at its Canadian plants, has strong cash balances, and has reduced its debt since being acquired in 2009 by International Petroleum Investment Co. Comment?
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