Moody’s shifts GM Financial view to negative

Moody’s Investors Service said it changed the outlook to negative from under review and confirmed all ratings for General Motors Financial Co., Inc. and its subsidiaries, including the Baa3 long-term senior unsecured rating.

These actions conclude the review for downgrade started on March 25, which was driven by the uncertainty around the company’s performance related to the pandemic, Moody’s said.

The ratings follow similar actions on GM Financial’s parent General Motors Co.

© 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.