General Motors Company: Rating Report
On June 22, 2022, DBRS Limited (DBRS Morningstar) upgraded the Issuer Rating and Revolving Credit Facility rating of General Motors Company to BBB (high) from BBB. Concurrently, DBRS Morningstar also upgraded the Long-Term Issuer Rating and the Long-Term Senior Debt rating of General Motors Financial Company, Inc. (GM Financial) to BBB (high) from BBB and GM Financial’s Short-Term Issuer Rating and Short-Term Instruments rating to R-2 (high) from R-2 (middle). Additionally, DBRS Morningstar upgraded the rating of the Senior Unsecured Notes issued by General Motors Financial of Canada, Ltd to BBB (high) from BBB. DBRS Morningstar also changed the trends on all ratings to Stable from Positive.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
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