TEXT-Fitch revises BorgWarner outlook to positive

Newswire

(The following statement was released by the rating agency) May 27 - Fitch Ratings has affirmed the ratings of BorgWarner Inc. (BWA) as follows: --Issuer Default Rating (IDR) at 'BBB'; --Unsecured credit facility rating at 'BBB'; --Senior unsecured rating at 'BBB'. BWA's ratings apply to a $550 million unsecured revolving credit facility and $1 billion in senior unsecured notes. The Rating Outlook for BWA has been revised to Positive from Stable. BWA's ratings reflect the auto ...

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