Fiat ratings unaffected by put option delay -S&P


LONDON, Oct 27 (Reuters) - Italian automaker Fiat Spa's ratings are not affected by the one-year postponement in the option to sell its stake in Fiat Auto Holding B.V. to General Motors Corp. , Standard & Poor's said on Monday. Fiat is rated BB- long-term with a stable outlook by S&P, three notches below investment grade. The option will be exercisable from 2005 to 2010, instead of 2004 to 2009 previously, S&P said in a statement. "The ratings on Fiat already assumed that ...

Premium Content (PAID Subscription Required)

"Fiat ratings unaffected by put option delay -S&P" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×