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Prospect News home > News index > List of issuers H > Headlines for Hayes Lemmerz International Inc. > News item |
S&P ups Hayes Lemmerz
Standard & Poor's said it raised the corporate credit rating on Hayes Lemmerz International Inc. to B from B-.
The outlook is stable.
"The upgrade reflects our opinion that Hayes's free cash generation, although still low, is sufficient to support the higher rating," S&P analyst Lawrence Orlowski said in a statement.
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