TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive - S&P Global Ratings’ Credit Research

TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive

TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive - S&P Global Ratings’ Credit Research
TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive
Published Feb 26, 2010
1110 words — Published Feb 26, 2010
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Abstract:

Livonia, Mich.-based auto supplier TRW Automotive reported stronger fourth-quarter results than we had expected. We are placing our ratings on TRW on CreditWatch with positive implications. We now believe there is a 50% chance that we could raise the ratings on TRW in the near term. NEW YORK (Standard&Poor's) Feb. 26, 2010--Standard&Poor's Ratings Services today said it has placed its 'B' corporate credit rating and all debt ratings on global auto supplier TRW Automotive Inc. on CreditWatch with positive implications because of the company's strong fourth-quarter 2009 financial performance and the potential that 2010 results will be better than we expected. "We now believe there is a 50% chance that we could raise the rating on

  
Brief Excerpt:

RESEARCH TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive Publication date: 26-Feb-2010 Primary Credit Analyst: Nancy C Messer, CFA, New York (1) 212-438-7672;...

  
Report Type:

Ratings Action

Ticker
357970Z
Issuer
GICS
Auto Parts & Equipment (25101010)
Sector
Global Issuers, Structured Finance
Country
Region
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. "TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive" Feb 26, 2010. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/TRW-Automotive-Inc-B-Corp-Credit-Rating-On-Watch-Positive-On-Strong-4Q-Results-Debt-Ratings-Also-On-Watch-Positive-778253>
  
APA:
S&P Global Ratings’ Credit Research. (). TRW Automotive Inc. 'B' Corp. Credit Rating On Watch Positive On Strong 4Q Results; Debt Ratings Also On Watch Positive Feb 26, 2010. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/TRW-Automotive-Inc-B-Corp-Credit-Rating-On-Watch-Positive-On-Strong-4Q-Results-Debt-Ratings-Also-On-Watch-Positive-778253>
  
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