TEL AVIV, Israel, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced that Moody’s Ratings has upgraded Teva’s corporate credit rating to Baa3 from Ba1, an investment-grade rating, with a stable outlook.
Moody’s states that the upgrade reflects the ongoing success of Teva’s growth strategy, including its key innovative products, an expanded pipeline and continued debt reduction supported by earnings growth. Moody’s also noted Teva’s revenue diversity, improving operating margins, solid free cash flow and ample cash on hand, as well as its expectation that Teva will further reduce debt over the next 12 to 18 months.
“Moody’s upgrade to investment grade marks a major milestone in Teva’s transformation journey and further validates the progress we're making through our Pivot to Growth strategy,” said Eli Kalif, Teva’s Chief Financial Officer. “This recognition, together with Fitch’s upgrade in May, reflects years of disciplined execution, continued debt reduction and a stronger financial profile. It enhances Teva’s financial flexibility and access to a broader base of investors as we continue to invest in growth, advance innovation for patients and create long-term value for our stakeholders.”
Moody’s investment-grade rating upgrade follows the recent upgrade by Fitch Ratings in May 2026, further strengthening Teva’s credit standing and supporting its eligibility for inclusion in leading fixed-income indices.
About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health. To learn more about how, visit www.tevapharm.com.
