{"id":440479,"date":"2010-03-17T14:05:00","date_gmt":"2010-03-17T18:05:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:409040"},"modified":"2010-03-17T14:05:00","modified_gmt":"2010-03-17T18:05:00","slug":"moodys-upgrades-ford-ratings","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/440479","title":{"rendered":"Moody&#8217;s upgrades Ford ratings"},"content":{"rendered":"<p>Moody\u2019s Investors Service raised its ratings on both Ford Motor Co. and the company\u2019s finance arm by one notch on Wednesday. It is also reviewing the ratings for further possible upgrade.<\/p>\n<p>Ford Motor Credit Co.\u2019s senior debt rating moves to B1 from B2, while Ford\u2019s Corporate Family Rating and Probability of Default Rating move from B3 to B2.<\/p>\n<p>\u201cThe upgrade of Ford\u2019s long-term ratings anticipates that the company\u2019s restructured business model will generate significantly improved operating and financial performance,\u201d Moody\u2019s said. \u201cThe strength of this model is supported by a robust new-product program, a more disciplined approach toward production levels and incentives, the expanding cost benefits associated with the new UAW agreement, and solid progress in globalizing platforms and product offerings.\u201d<\/p>\n<p>Moody\u2019s said this model is generating market share gains in the United States, healthy price realization, and operating performance which is stronger than what the rating agency previously anticipated.<\/p>\n<p>Ford\u2019s senior unsecured debt rating moves to B3 from Caa1, its trust preferred to Caa1 from Caa2, and Speculative Grade Liquidity rating to SGL-2 from SGL-3. Also raised is Ford Credit\u2019s senior debt rating to B1 from B2.<\/p>\n<p><a href=\"mailto:jratner@nationalpost.com\">Jonathan Ratner<\/a> <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=409040\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moody\u2019s Investors Service raised its ratings on both Ford Motor Co. and the company\u2019s finance arm by one notch on Wednesday. It is also reviewing the ratings for further possible upgrade. Ford Motor Credit Co.\u2019s senior debt rating moves to B1 from B2, while Ford\u2019s Corporate Family Rating and Probability of Default Rating move from [&hellip;]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-440479","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/440479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=440479"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/440479\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=440479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=440479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=440479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}