Report

Moody's announces completion of a periodic review of ratings of Tower Automotive Holdings USA, LLC

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Tower Automotive Holdings USA, LLC. Global Credit Research- 21 Aug 2019. New York, August 21, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Tower Automotive Holdings USA, LLC and other ratings that are associated with the same analytical unit.
Underlying
Tower International

Tower International is a manufacturer of engineered automotive structural metal components and assemblies. The company supplies body-structure stampings, frame and other chassis structures, and welded assemblies. The company's products include: body structures and assemblies, which form the basic upper body structure of the vehicle and include structural metal components such as body pillars, roof rails, and side sills; chassis and lower vehicle structures, which include chassis structures that make up the skeleton of a vehicle; and body-in-white assemblies, which are comprised of multiple components and sub-assemblies welded to form main portions of the vehicle's body structure.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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