Moody's upgrades CFR of AM General to B3, will withdraw all ratings
New York, January 04, 2017-- Moody's Investors Service has upgraded the Corporate Family Rating of AM General, LLC to B3 from Caa1, concluding the review for upgrade that began on October 25th. The B3 CFR considers the improved liquidity profile following the recently completed debt refinancing. In addition, the rating incorporates that AM General possesses sufficient backlog of its main product-- the High Mobility Multipurpose Wheeled Vehicle-- to maintain a vehicle production...
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