Moody's affirms Ford Credit de Mexico

Moody's Investors Service said it affirmed the existing long- and short-term Mexican national scale debt ratings of Aaa.mx and MX-1, respectively, assigned to Ford Credit de Mexico SA de CV Sofol.

The outlook is negative.

The ratings affirmation follows Moody's decision to place under review for downgrade Ford Motor Credit's A3 senior unsecured debt ratings. Ford Motor Credit's Prime-2 short-term rating was affirmed.

Moody's review of Ford Motor Credit's long-term ratings is based on concerns about Ford Motor Co. Moody's ratings incorporate the business and financial interrelationships that exist between Ford Credit and its parent that influence Ford Credit's performance and financial condition.

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