Chrysler Group LLC Outlook Revised To Positive On Expected Credit Measure Improvement; 'B+' Rating Affirmed - S&P Global Ratings’ Credit Research

Chrysler Group LLC Outlook Revised To Positive On Expected Credit Measure Improvement; 'B+' Rating Affirmed

Chrysler Group LLC Outlook Revised To Positive On Expected Credit Measure Improvement; 'B+' Rating Affirmed - S&P Global Ratings’ Credit Research
Chrysler Group LLC Outlook Revised To Positive On Expected Credit Measure Improvement; 'B+' Rating Affirmed
Published Apr 30, 2013
Published Apr 30, 2013
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Abstract:

Michigan-based automaker Chrysler Group LLC's credit measures have improved and we believe the company could reach and maintain appropriate measures for a higher rating in the next 12 months. We are affirming our ratings on Chrysler, including the 'B+' corporate credit rating, and revising the outlook to positive from stable. The positive outlook reflects the potential for an upgrade if Chrysler's stand-alone performance continues to improve and if the ratings on its majority owner, Fiat, remain 'BB-'. NEW YORK (Standard&Poor's) April 30, 2013--Standard&Poor's Ratings Services said today that it affirmed its ratings, including the 'B+' corporate credit rating, on Chrysler Group LLC. At the same time, we revised our outlook to positive from stable. "The outlook

  
Report Type:

Ratings Action

Ticker
3318058Z
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Chrysler Group LLC Outlook Revised To Positive On Expected Credit Measure Improvement; 'B+' Rating Affirmed" Apr 30, 2013. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Chrysler-Group-LLC-Outlook-Revised-To-Positive-On-Expected-Credit-Measure-Improvement-B-Rating-Affirmed-1124134>
  
APA:
S&P Global Ratings’ Credit Research. (). Chrysler Group LLC Outlook Revised To Positive On Expected Credit Measure Improvement; 'B+' Rating Affirmed Apr 30, 2013. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Chrysler-Group-LLC-Outlook-Revised-To-Positive-On-Expected-Credit-Measure-Improvement-B-Rating-Affirmed-1124134>
  
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