MILAN, Feb 29 (Reuters) - Rating agency Standard & Poor's is likely to cut the long-term credit rating of Italian car-maker Fiat by one notch to BB- at the end of an ongoing credit review. "The most likely outcome when we resolve this CreditWatch is a lowering of the long-term rating by one notch to 'BB-'," the agency said in a statement on Wednesday. "A two-notch downgrade is less likely, unless it becomes clear that Fiat's and Chrysler's risk of default is more integrally linked than ...
Premium Content (PAID Subscription Required)
"S&P's likely to cut long-term Fiat rating to BB-" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642