TEXT-S&P ratings - Aperam S.A.

Fri Jun 22, 2012 4:42am EDT

(The following statement was released by the rating agency)

June 22 -

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Ratings -- Aperam S.A. -------------------------------------------- 22-Jun-2012

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CREDIT RATING: BB-/Negative/-- Country: Luxembourg

Primary SIC: Steel foundries,

nec

Mult. CUSIP6: 03754H

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Credit Rating History:

Local currency Foreign currency

22-Jun-2012 BB-/-- BB-/--

05-Apr-2011 BB/-- BB/--

03-Feb-2011 --/-- --/--

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Issues:

Rating Rating Date

US$250 mil 7.75% bnds due 04/01/2018 BB- 22-Jun-2012

US$250 mil 7.375% nts due 04/01/2016 BB- 22-Jun-2012