Home UPDATE 1-S&P restores GM debt to investment grade
 

Keywords :   


UPDATE 1-S&P restores GM debt to investment grade

2014-09-26 05:43:06| Automakers - Topix.net

General Motors Co's corporate debt was raised by Standard & Poor's to investment grade, another critical step in the automaker's long recovery from its 2009 bankruptcy and reorganization. S&P on Thursday lifted GM to BBB-, after downgrading the unsecured debt of GM's predecessor to junk-bond status in 2005.

Tags: update investment grade debt

Category:Automotive

Latest from this category

All news

»
01.11Getting more out of fall and winter grazing
01.11U.S. Boston butt burger launches in Colombia
01.11All Americans have a role in keeping African swine fever out
01.11BASF TotalEnergies Petrochemicals Receives United Way Champions of Hope Award
01.11US jobs growth slows as presidential election looms
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
01.11Value for Money tsar linked to string of overspends
01.11Gimme Seaweed Partners with rePurpose Global to Combat Plastic Pollution
More »