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FORVIA SE: Update to credit analysis

Our credit view of this issuer reflects its solid liquidity, constrained by its high exposure to the cyclicality of global light vehicle production.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of FORVIA SE and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 25 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of th...

FORVIA S.E.: Covenant Quality Pre-Sale Snapshot: €800m Senior Notes c...

FORVIA S.E.'s sustainability-linked senior notes are “high-yield lite” under our criteria.

Moody's expects to rate FORVIA's proposed notes Ba2

Moody's Investors Service (Moody's) said that it expects to assign Ba2 instrument ratings to FORVIA SE's ("FORVIA" or "group") proposed dual-tranche senior unsecured notes due 2029 and 2031, respectively. Moody's expects the group to use the proceeds of the new issuances to refinance its senior un...

FORVIA SE - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

FORVIA SE: Update following change in outlook to stable

Our credit view of this issuer reflects its history of margin improvement, against its high exposure to the cyclicality of global light vehicle production.

Moody's changes outlook on FORVIA to stable; affirms Ba2 ratings

Moody's Investors Service (Moody's) has today changed to stable from negative the outlook on French automotive parts supplier FORVIA SE ("FORVIA" or "the group") and affirmed the group's Ba2 long-term corporate family rating (CFR) and Ba2-PD probability of default rating (PDR). Moody's also affirmed...

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