The Indian Defense Sector - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2015
- Published: July 2010
- Region: India
General Motors completed its acquisition of AmeriCredit Corp. on Oct. 1, 2010, and renamed the company General Motors Financial Co. Inc. We are placing our rating on General Motors Financial, including the 'B' long-term counterparty credit rating, on CreditWatch with positive implications. We will resolve the CreditWatch listing once we fully understand the implications of General Motors ownership on the company. NEW YORK (Standard & Poor's) Oct. 8, 2010--Standard & Poor's Ratings Services today said it placed its ratings on General Motors Financial Co. Inc., (GM Financial) including its 'B' long-term counterparty credit rating, on CreditWatch with positive implications. AmeriCredit was renamed GM Financial on Oct. 1, 2010, following General Motors Co.'s (GM; BB-/Stable/--) acquisition of the company. We placed...
Companies mentioned in this report are: General Motors Financial Co. Inc.
Action: On CreditWatch:Positive
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.
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General Motors Financial Co. Inc.