TEXT-S&P affirms Ford Credit Canada rating

Newswire

(The following statment was released by the rating agency) NEW YORK, Oct 25 - Standard & Poor's Ratings Services today said it affirmed the 'A-2(Cdn)' Canadian national scale commercial paper rating on Ford Credit Canada Ltd. The rating affirmation follows today's ratings actions, which saw Standard & Poor's lower its long-term corporate and counterparty credit ratings on Ford Motor Co. (Ford; BBB/Negative/A-2) and its financial subsidiary, Ford Motor Credit Co. (Ford Credit; ...

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