TEXT-Visteon relationship has no effect on Ford rtgs-S&P

Newswire

(The following statement was released by the rating agency) NEW YORK, Dec 22 - Today's announcement by Ford Motor Co. (Ford; BBB-/Stable/A-3) and Visteon Corp. (BB+/Stable/--) of significant modifications to agreements governing the relationship between the two companies will not have any immediate effect on the ratings or rating outlook of Ford, even though Standard & Poor's Ratings Services views the changes announced today as adverse to Ford's credit quality. Ford's ratings had been ...

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