German Automaker Daimler Outlook Revised To Positive On Improved Financial Risk Profile; Ratings Affirmed At 'BBB+/A-2' - S&P Global Ratings’ Credit Research

German Automaker Daimler Outlook Revised To Positive On Improved Financial Risk Profile; Ratings Affirmed At 'BBB+/A-2'

German Automaker Daimler Outlook Revised To Positive On Improved Financial Risk Profile; Ratings Affirmed At 'BBB+/A-2' - S&P Global Ratings’ Credit Research
German Automaker Daimler Outlook Revised To Positive On Improved Financial Risk Profile; Ratings Affirmed At 'BBB+/A-2'
Published Jul 15, 2011
Published Jul 15, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

German automotive maker Daimler's credit metrics have improved considerably since the severe automotive and truck crisis in 2009. Credit metrics have likewise developed stronger than we anticipated. We are raising the outlook on Daimler to positive from stable and affirming the long- and short-term corporate credit ratings at 'BBB+/A-2'. The positive outlook reflects our opinion that Daimler could improve its financial risk profile enough to support an upgrade to 'A-', even if trading conditions were to modestly weaken over the coming quarters. FRANKFURT (Standard&Poor's) July 15, 2011--Standard&Poor's Ratings Services said today that it had raised its outlook on German automotive maker Daimler AG to positive from stable. At the same time, we affirmed the 'BBB+' long-term

  
Report Type:

Ratings Action

Ticker
DAI@GR
Issuer
Mercedes-Benz Group AG
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
Germany
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "German Automaker Daimler Outlook Revised To Positive On Improved Financial Risk Profile; Ratings Affirmed At 'BBB+/A-2'" Jul 15, 2011. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/German-Automaker-Daimler-Outlook-Revised-To-Positive-On-Improved-Financial-Risk-Profile-Ratings-Affirmed-At-BBB-A-2-879074>
  
APA:
S&P Global Ratings’ Credit Research. (). German Automaker Daimler Outlook Revised To Positive On Improved Financial Risk Profile; Ratings Affirmed At 'BBB+/A-2' Jul 15, 2011. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/German-Automaker-Daimler-Outlook-Revised-To-Positive-On-Improved-Financial-Risk-Profile-Ratings-Affirmed-At-BBB-A-2-879074>
  
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