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General Motors of Canada, GMAC Canada Ratings Harmonized Product Image

General Motors of Canada, GMAC Canada Ratings Harmonized

  • ID: 1720999
  • February 2001
  • Region: Canada
  • Standard & Poors

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Abstract
TORONTO (Standard & Poor's CreditWire) Feb. 8, 2001--Standard & Poor's today announced its harmonized ratings on General Motors of Canada Ltd., General Motors Acceptance Corp. of Canada Ltd., and General Motors Acceptance Corp. (see list below). On Oct. 31, 2000, Standard & Poor's and the Canadian Bond Rating Service (CBRS) announced that they have combined operations in Canada. A process is underway to harmonize all ratings assigned by CBRS with the Standard & Poor's framework, which includes the translation of all ratings onto the Standard & Poor's ratings scale. The ratings announced today are expressed on Standard & Poor's global ratings scale. Going forward, all new debt issue ratings on General Motors of Canada Ltd., General Motors Acceptance Corp. of...

Companies mentioned in this report are: Ally Financial Inc.,General Motors Acceptance Corp. of Canada Ltd.
Action: Affirmed

Note: Product cover images may vary from those shown

Ally Financial Inc.,General Motors Acceptance Corp. of Canada Ltd.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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