E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers A > Headlines for AM General LLC > News item
Published on 6/7/2013 in the Prospect News Bank Loan Daily and Prospect News Distressed Debt Daily.

Moody's drops AM General

Moody's Investors Service said it has lowered the ratings of AM General, LLC.

The corporate family rating has been lowered to Caa2 from B3, and the outlook is negative.

The downgrades stem from a weak liquidity profile, the agency said.

The corporate family rating downgrade to Caa2 reflects that Humvee tactical vehicle orders have not developed for AM General thus far through 2013.


© 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.