Toronto, July 05, 2016 -- Moody's Investors Service, ("Moody's") placed the ratings of Thompson Creek Metals Company Inc. ("Thompson Creek") under review for upgrade following the announcement of a definitive arrangement to be acquired by Centerra Gold Inc. (Centerra, not rated). At closing or soon thereafter, Centerra will redeem all of Thompson Creek's secured and unsecured notes at their call price. Ratings under review include Thompson Creek's Caa1 Corporate Family Rating ("CFR"), Caa1-PD Probability of Default rating, its B1 senior secured rating and its Caa2 senior unsecured ratings.
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