| Abstract: | On April 13, 2009, Standard&Poor's Ratings Services raised its ratings on Ford Motor Co. and related entities, including the corporate credit rating, to 'CCC+' from 'SD-' (selective default). The ratings on Ford Motor Credit Co. (Ford Credit) are unchanged, at 'CCC+', and the ratings on FCE Bank PLC, Ford Credit's European bank, are also unchanged, at 'B-', maintaining the one-notch rating differential between FCE and its parent Ford Credit. The outlook on all entities is negative. The upgrade reflects our evaluation of Ford's creditworthiness following the company's completion of what we considered to be a distressed debt exchange. We lowered our corporate credit rating on Ford to 'SD' on April 6, reflecting the completion of tender offers for
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| Brief Excerpt: | RESEARCH Ratings Definitions Research Update: Ford Motor Co. Upgraded To '###+' After Completion Of Debt Exchange; Outlook Negative Publication date: 13-Apr-2009 Primary Credit Analysts: Robert Schulz, CFA, New York (1) 212-438-7808;...
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| Report Type: | Research Update
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| Ticker: | F
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| Issuer: | Ford Motor Co.
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| GICS: | Automobile Manufacturers (25102010)
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| Sector: | Asset-Backed Commercial Paper, Asset-Backed Securities, Automotive, Capital Goods, Collateralized Debt Obligations, Corporations, Financial Institutions, Global Issuers, Structured Finance
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| Country: | United States
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| Region: | United States
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