Moody's ups GM Financial

Moody's Investors Service said it raised the corporate family rating and senior unsecured debt rating of General Motors Financial Co., Inc. to Ba3 from B1 and assigned a stable outlook. The action coincides with Moody's rating action for General Motors Co.

Moody's said that the ratings, which incorporate one notch of lift from GM ownership and support, reflect improvement in the company's stand-alone credit profile to the "high-B" level from "mid-B."

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