NEW YORK, June 10 (Reuters) - Moody's Investors Service on Wednesday raised its rating on auto and mortgage lender GMAC LLC by one notch, saying there is less bankruptcy risk because of support from the U.S. government.
Moody's raised GMAC's senior unsecured rating to Ca, or 10 steps below investment grade, from C, and said it may raise the rating again. A Ca rating is still one of the lowest possible ratings above default.
The rating upgrade reflects significant capital ...
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