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Fitch says Ford Motor Company Debt is No Longer Junk

Fitch Ratings has upgraded the Issuer Default Ratings (IDRs) for Ford Motor Company (Ford) and its Ford Motor Credit Company LLC (Ford Credit) captive finance subsidiary to BBB- from BB+. This means that Ford Motor and Ford Credit debt is investment grade for the first time since 2005 when Ford Motor was losing billions of dollars. Continue reading

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