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DBRS rates General Motors notes BBB
DBRS said it assigned a rating of BBB to the $1 billion 4.20% senior notes due Nov. 6, 2021 and the $350 million floating-rate notes due Nov. 6, 2021 issued by General Motors Financial Co., Inc.
The trend is positive.
The ratings reflect the ownership of the company and consider the increasing share of General Motors Financial earning assets that are General Motors-related, DBRS said.
The strong financial and operational interconnectedness between General Motors Financial and General Motors underpin the ratings, the agency said.
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