TEXT-Fitch rates General Motors Holdings facility 'BB+'

Newswire

(The following statement was released by the rating agency) Oct 29 - Fitch Ratings has assigned a rating of 'BB+' to the new $5 billion five-year secured revolving credit facility issued by General Motors Holdings LLC (GM Holdings), a wholly-owned subsidiary of General Motors Company (GM). Fitch also has assigned an Issuer Default Rating (IDR) of 'BB-' to GM Holdings, and Fitch has affirmed its IDR of 'BB-' on GM. The Rating Outlook for GM and GM Holdings is Stable. The rating of 'BB+' ...

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