TEXT-S&P revises Peugeot SA otlk to stable;'BB+/B' rtngs afrmd

Newswire

(The following statement was released by the rating agency) Sept 23 - -- Car demand up sharply in the first six months of 2010 has, in our view, helped to improve French automaker Peugeot SA's operating profit. -- We are revising our outlook on PSA to stable from negative. -- We are affirming our 'BB+' long-term and 'B' short-term corporate credit ratings on the group. -- The stable outlook reflects our opinion that PSA should be able to maintain credit metrics in line with our ...

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