Moody's Investors Service has upgraded the senior unsecured ratings of BorgWarner by one notch to Baa2 from Baa3. The rating outlook is stable. Approximately US$500m of rated obligations are affected. According to the ratings agency: "The rating action reflects BorgWarner's ability to outpace the growth in recovering global automotive retail unit Subscribe to Automotive World … Continued
Moody's Investors Service has upgraded the senior unsecured ratings of BorgWarner by one notch to Baa2 from Baa3. The rating outlook is stable. Approximately US$500m of rated obligations are affected.
According to the ratings agency: "The rating action reflects BorgWarner's ability to outpace the growth in recovering global automotive retail unit
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https://www.automotiveworld.com/articles/89802-us-moody-s-upgrades-borgwarner/
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