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Taro Announces `AA'' Bond Rating In Israel.

Publication: Business Wire
Publication Date: 31-MAR-03
Format: Online - approximately 408 words
Delivery: Immediate Online Access

Article Excerpt
Business Editors

HAWTHORNE, N.Y.--(BUSINESS WIRE)--March 31, 2003

Taro Pharmaceutical Industries Ltd. (Nasdaq/NMS:TARO) today announced that it has received an "AA" rating from Maalot, the Israeli affiliate of Standard & Poor's, based on the rating standard employed in Israel, for the issuance of debt securities in Israel.

This rating represents an increase from the "A+" rating previously issued by Maalot for...

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