E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/29/2021 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

Moody's changes GM outlook to stable

Moody's Investors Service said it changed General Motors Co.'s outlook to stable from negative and affirmed the ratings for its debt.

Moody’s said the change in outlook follows General Motors having maintained sufficient liquidity and demonstrated the operating flexibility to weather the drop and then recovery from the Covid-19 pandemic, while maintaining investments to support near-term product development.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.