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Prospect News home > News index > List of issuers F > Headlines for Ford Motor Co. > News item
Published on 8/3/2010 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

DBRS lifts Ford

DBRS said it has upgraded the issuer rating of Ford Motor Co. to BB (low) from B.

Additionally, Ford's senior secured credit facilities have been upgraded to BB (high) from BB (low) pursuant to the assigned recovery rating of RR2, the agency said.

According to DBRS, Ford's long-term debt has been upgraded to B from CCC (high) in accordance with a recovery rating of RR6.

The trend is stable.


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