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US: Fitch upgrades Tenneco outlook to positive

Fitch Ratings has announced it has affirmed the 'BB' Issuer Default Rating (IDR) and the various issue ratings of Tenneco. In addition, it has assigned a rating of 'BBB-' to the supplier's proposed US$700m secured revolving credit facility and proposed US$250m secured term loan A. Tenneco's rating outlook has been upgraded Subscribe to Automotive World … Continued

Fitch Ratings has announced it has affirmed the 'BB' Issuer Default Rating (IDR) and the various issue ratings of Tenneco. In addition, it has assigned a rating of 'BBB-' to the supplier's proposed US$700m secured revolving credit facility and proposed US$250m secured term loan A.

Tenneco's rating outlook has been upgraded

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https://www.automotiveworld.com/articles/92640-us-fitch-upgrades-tenneco-outlook-to-positive/

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