Daimler-Benz AG - S&P Global Ratings’ Credit Research

Daimler-Benz AG

Daimler-Benz AG - S&P Global Ratings’ Credit Research
Daimler-Benz AG
Published May 13, 1998
779 words — Published May 13, 1998
Price US$ 150.00  |  Buy this Report Now

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Abstract:

LONDON -- Standard&Poor's CreditWire 5/13/98 -- Standard&Poor's today affirmed its single-'A'-plus corporate credit and senior unsecured ratings of Daimler-Benz AG (Daimler) and related entities and affirmed its 'A-1' commercial paper rating. The outlook is stable. The corporate credit and senior unsecured debt ratings are removed from CreditWatch, where they were placed with negative implications on May 6, 1998 following the confirmation of merger discussions with Chrysler Corp. At the same time, the single-'A' corporate credit and senior unsecured ratings of Chrysler Corp. (Chrysler) and related entities remain on CreditWatch with positive implications. The ratings of Chrysler will ultimately be equalized with the ratings of Daimler should the merger be concluded as presently envisaged. This is expected

  
Brief Excerpt:

RESEARCH Daimler-Benz AG Publication date: 13-May-1998 LONDON -- Standard & Poor's CreditWire 5/13/98 -- Standard & Poor's today affirmed its single-'A'-plus corporate credit and senior unsecured ratings of Daimler-Benz AG (Daimler)...

  
Report Type:

Ratings Action

Ticker
DAI@GR
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Daimler-Benz AG" May 13, 1998. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Daimler-Benz-AG-42696>
  
APA:
S&P Global Ratings’ Credit Research. (). Daimler-Benz AG May 13, 1998. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Daimler-Benz-AG-42696>
  
US$ 150.00
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