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Published on 7/3/2008 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Fitch affirms Hayes Lemmerz

Fitch Ratings said it affirmed the following issuer default ratings and outstanding debt ratings for Hayes Lemmerz International Inc. and subsidiaries, including:

• Hayes' issuer default rating at B, HLI Operating Co., Inc.'s issuer default rating at B and senior secured revolving credit facility at BB/RR1 and Hayes Lemmerz Finance - Luxembourg SA's issuer default rating at B, senior secured revolving credit facility at BB/RR1, senior secured euro term loan at BB/RR1, senior secured euro synthetic LOC facility at BB/RR1 and senior unsecured euro notes at B-/RR5.

The outlook is stable.

The agency said that the ratings reflect Hayes Lemmerz's leading position in the global wheel market, geographic and customer diversity, significant progress in restructuring operations, good credit metrics for the rating and solid liquidity position.


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