TEXT-Moody's affirms Ford Motor ratings, neg outlook

Newswire

(Media release from Moody's Investors Service) Approximately $180 Billion of debt Affected. NEW YORK, April 29 - Moody's Investors Service affirmed the ratings of Ford Motor Company (senior at Baa1), Ford Motor Credit Company and its subsidiaries (senior at A3 and short-term at Prime-2), and The Hertz Corporation (senior at Baa2 and short-term at Prime-2). The outlook remains negative. The affirmation of the Ford ratings reflect the steady progress that the company has made in achieving ...

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