Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed - S&P Global Ratings’ Credit Research

Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed

Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed - S&P Global Ratings’ Credit Research
Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed
Published Aug 26, 2010
1437 words — Published Aug 26, 2010
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About This Report

  
Abstract:

Daimler AG is seeing stronger improvement in demand for passenger cars and trucks than we had anticipated. As a result, its credit ratios are stronger than we anticipated. We are revising our outlook on Daimler to stable from negative and affirming the 'BBB+/A-2' ratings. The stable outlook reflects our opinion that Daimler should be able to maintain credit metrics commensurate with our indicative ratios for the current rating. FRANKFURT (Standard&Poor's) Aug. 26, 2010--Standard&Poor's Ratings Services said today it revised its outlook on German automaker Daimler AG to stable from negative. At the same time, we affirmed the 'BBB+' long-term and 'A-2' short-term corporate credit ratings. "The outlook revision reflects our opinion that Daimler has considerably improved

  
Brief Excerpt:

RESEARCH Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; '###+/A-2' Ratings Affirmed Publication date: 26-Aug-2010 Primary Credit Analyst: Werner Staeblein, Frankfurt (49) 69-33-999-130;...

  
Report Type:

Ratings Action

Ticker
DAI@GR
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, 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. "Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed" Aug 26, 2010. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Germany-s-Daimler-AG-Outlook-Revised-To-Stable-From-Negative-On-Strengthening-Credit-Ratios-BBB-A-2-Ratings-Affirmed-817215>
  
APA:
S&P Global Ratings’ Credit Research. (). Germany's Daimler AG Outlook Revised To Stable From Negative On Strengthening Credit Ratios; 'BBB+/A-2' Ratings Affirmed Aug 26, 2010. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Germany-s-Daimler-AG-Outlook-Revised-To-Stable-From-Negative-On-Strengthening-Credit-Ratios-BBB-A-2-Ratings-Affirmed-817215>
  
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