S&P: Visteon unchanged

Standard & Poor's said the B+ corporate credit rating on Visteon Corp. was not immediately affected by news that William Redmond would resign from the Visteon board.

The ratings also weren't affected by its agreement with Alden Global Distressed Opportunities Master Fund, LP.

S&P said it will continue to monitor and evaluate implications arising from this matter, as well as Visteon's ability to effectively execute its post-emergence strategy.

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