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News By Topic: Credit Bureaus (Chrysler Credit, GMAC, etc.)

General Motors and GMAC's Debt Ratings Upgraded by DCR

General Motors and GMAC's Debt Ratings Upgraded by DCR

Duff & Phelps Credit Rating Co. (DCR) has raised the debt ratings for General Motors Corporation (GM) and its financial services subsidiary, General Motors Acceptance Corp. ... Continue reading

Fiat's New Holland Credit LLC CP To `F2' From `F1'

Fiat's New Holland Credit LLC CP To `F2' From `F1'

New Holland Credit LLC's U.S. commercial paper rating is lowered to 'F2' from 'F1' by Fitch IBCA and removed from RatingAlert Negative where it was placed on May 17, 1999. ... Continue reading

S&P Assigns Rtgs to Navistar Financial 2000-A

S&P Assigns Rtgs to Navistar Financial 2000-A

Standard & Poor's assigned its ratings to Navistar Financial 2000-A Owner Trust's US$475.0 million publicly offered asset- backed notes (see list). ... Continue reading

S&P Asgns Rtgs to DaimlerChrysler Auto Trust 2000-A

S&P Asgns Rtgs to DaimlerChrysler Auto Trust 2000-A

Standard & Poor's assigned its ratings to DaimlerChrysler Auto Trust 2000-A's US$1.9 billion asset-backed notes (see list). ... Continue reading

S&P Assigns Midwest Security Insurance Co. 'Api' Rtg

S&P Assigns Midwest Security Insurance Co. 'Api' Rtg

Standard & Poor's assigned its single-'Api' financial strength rating to Midwest Security Insurance Co. (Midwest). ... Continue reading

Standard & Poor's Announces Change in S&P Topix Index

Standard & Poor's Announces Change in S&P Topix Index

The proposed investible weight factor change for Fuji Heavy Industries on Thursday, March 9 will not occur, due to the company's postponement of its share issuance to General Motors. ... Continue reading

S&P Assigns Midwest Security Insurance Co. 'Api' Rtg

S&P Assigns Midwest Security Insurance Co. 'Api' Rtg

Standard & Poor's assigned its single-'Api' financial strength rating to Midwest Security Insurance Co. (Midwest). ... Continue reading

S&P Affirms Automobile Club Inter-Ins. 'BBBpi' Rtg

S&P Affirms Automobile Club Inter-Ins. 'BBBpi' Rtg

Standard & Poor's affirmed its triple-'Bpi' financial strength rating on Automobile Club Inter-Insurance Exchange. ... Continue reading

DCR Assigns Initial Claims Paying Ability Rating of 'AAA' to State Farm

DCR Assigns Initial Claims Paying Ability Rating of 'AAA' to State Farm

Duff & Phelps Credit Rating Co. (DCR) has assigned an initial claims paying ability rating of 'AAA' (Triple-A) to State Farm Mutual Automobile Insurance Company (State Farm Auto). State Farm Auto is the parent organization of the State Farm Group. ... Continue reading

S&P Places Ratings on BFGoodrich on CreditWatch Neg

S&P Places Ratings on BFGoodrich on CreditWatch Neg

Standard &Poor's--Standard & Poor's placed its ratings on BFGoodrich Co. and related entities on CreditWatch with negative implications following the company's announcement that it will repurchase up to $300 million of its common stock. ... Continue reading

S&P Lwrs AutoZone Lng-Term Rtgs, Off Watch; Outlk Neg

S&P Lwrs AutoZone Lng-Term Rtgs, Off Watch; Outlk Neg

Standard & Poor's lowered its long-term corporate credit, senior unsecured debt, and bank loan ratings on AutoZone Inc. to triple-'B'-plus from single-'A'-minus. ... Continue reading

National Auto Finance Establishes Flow Program With Nuvell Credit

National Auto Finance Establishes Flow Program With Nuvell Credit

National Auto Finance Company, Inc. announced that it has entered into agreements with Nuvell Credit Corporation. ... Continue reading

GM Ratings Affirmed By Fitch IBCA On Hughes Restructuring

GM Ratings Affirmed By Fitch IBCA On Hughes Restructuring

General Motors Corporation's (GM) 'A' senior debt and `F1' commercial paper ratings are affirmed by Fitch IBCA following GM's announcement that it plans to restructure its economic interest in Hughes Electronics Company (Hughes). ... Continue reading

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