S&P Affms Daimler-Benz&Units Rtgs;Otlk to Stable - S&P Global Ratings’ Credit Research

S&P Affms Daimler-Benz&Units Rtgs;Otlk to Stable

S&P Affms Daimler-Benz&Units Rtgs;Otlk to Stable - S&P Global Ratings’ Credit Research
S&P Affms Daimler-Benz&Units Rtgs;Otlk to Stable
Published Apr 01, 1997
Published Apr 01, 1997
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About This Report

  
Abstract:

LONDON -- Standard&Poor's CreditWire 4/1/97 -- Standard&Poor's today has affirmed its single-`A'-plus corporate credit and `A-1' commercial paper ratings of Daimler-Benz AG and its related entities. At the same time the long-term outlook is revised to stable from negative. The ratings reflect Daimler Benz's position as a leading producer of higher-priced, luxury cars, and its conservative financial profile. Past diversification efforts increased Daimler's presence in aerospace and defense, and rail systems. While financial performance of these businesses has generally been poor, the company's business position has continued to be supported by its excellent passenger car operations. The ratings acknowledge the ongoing improvement in operating performance of the passenger car and commercial vehicle division of Mercedes-Benz AG,

  
Report Type:

Ratings Action

Ticker
DAI@GR
Issuer
GICS
Automobile Manufacturers (25102010)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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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. "S&P Affms Daimler-Benz&Units Rtgs;Otlk to Stable" Apr 01, 1997. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Affms-Daimler-Benz-Units-Rtgs-Otlk-to-Stable-79804>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Affms Daimler-Benz&Units Rtgs;Otlk to Stable Apr 01, 1997. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Affms-Daimler-Benz-Units-Rtgs-Otlk-to-Stable-79804>
  
US$ 150.00
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