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Moody's changes Ford Motor Credit view to negative
Moody's Investors Service said it changed the outlook to negative from under review and confirmed its ratings for Ford Motor Credit Co. LLC and its subsidiaries, including the Ba2 long-term senior unsecured rating.
These actions end the review for downgrade started on March 25, which was driven by the uncertainty around the company's performance related to the rapid global spread of the coronavirus, Moody’s said.
The rating actions follow similar actions on the ratings for Ford Credit’s parent, Ford Motor Co., Moody’s said.
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