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Prospect News home > News index > List of issuers T > Headlines for TRW Automotive Inc. > News item
Published on 9/16/2014 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch reviews TRW Automotive

Fitch Ratings said it placed the ratings for TRW Automotive Holdings Corp. and its TRW Automotive Inc. (TAI) subsidiary, including their BBB- issuer default ratings, on rating watch negative.

The action stems from the Sept. 15 announcement that ZF Freidrichshafen AG will acquire TRW in an all-cash transaction. The rating action applies to $1.4 billion of outstanding TAI debt.


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