Fitch Ratings has announced it has upgraded Johnson Controls' (JCI) Issuer Default Rating (IDR) and long-term debt ratings to 'BBB+' from 'BBB' and affirmed the short-term ratings at 'F2'. The rating outlook is positive. Fitch notes the rating upgrade incorporates JCI's improving credit metrics and operating performance and the company's use Subscribe to Automotive World … Continued
Fitch Ratings has announced it has upgraded Johnson Controls' (JCI) Issuer Default Rating (IDR) and long-term debt ratings to 'BBB+' from 'BBB' and affirmed the short-term ratings at 'F2'. The rating outlook is positive.
Fitch notes the rating upgrade incorporates JCI's improving credit metrics and operating performance and the company's use
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https://www.automotiveworld.com/articles/84738-us-fitch-raises-johnson-controls-ratings/
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