Fitch lifts USG to B

Fitch Ratings said it upgraded the ratings of USG Corp., including the company's issuer default rating to B from B-.

The outlook is stable.

Fitch said the upgrade reflects USG's improving profitability and credit metrics this year and the expectation that this trend continues through at least 2014.

The rating for USG also reflects the company's leading market position in all of its core businesses, strong brand recognition, its large manufacturing network and sizeable gypsum reserves, the agency said.

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