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US: S&P lifts BorgWarner’s credit rating

Standard & Poor's Ratings Services (S&P) has announced that it has raised the corporate credit rating on BorgWarner to 'BBB+' from 'BBB'. The rating outlook is stable. At the same time, the agency raised its ratings on the supplier's senior unsecured debt to 'BBB+' from 'BBB'. S&P noted that BorgWarner's financial Subscribe to Automotive World … Continued

Standard & Poor's Ratings Services (S&P) has announced that it has raised the corporate credit rating on BorgWarner to 'BBB+' from 'BBB'. The rating outlook is stable. At the same time, the agency raised its ratings on the supplier's senior unsecured debt to 'BBB+' from 'BBB'.

S&P noted that BorgWarner's financial

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https://www.automotiveworld.com/articles/93118-us-s-p-lifts-borgwarner-s-credit-rating/

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