TEXT-Fitch ups Continental to 'BB-'; stable outlook

Newswire

(The following statement was released by the ratings agency) June 22 - Fitch Ratings has upgraded Continental AG's (Continental) Long-term Issuer Default Rating (IDR) to 'BB-' from 'B+' and affirmed the Short-term IDR at 'B'. The Outlook is Stable. Fitch has also affirmed the rating of the senior secured notes issued by Conti-Gummi Finance BV at 'BB-'. The upgrade reflects Continental's successful refinancing of its syndicated senior debt, completed at the end of March 2011, together ...

Premium Content (PAID Subscription Required)

"TEXT-Fitch ups Continental to 'BB-'; stable outlook" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Jan 18, 2018
video
WardsAuto

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×