je.st
news
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 |
||||||||||||||||||||
|
|
||||||||||||||||||||