Wednesday, May 23, 2007

Fitch cuts GM's unsecured debt rating

(Reuters) - Fitch downgraded GM's senior unsecured debt rating one
notch to "B-minus," the sixth lowest junk rating, from "B."
GM's issuer default rating remains at "B," five levels into
junk, but is still on watch for a downgrade.




Read more at Reuters.com Bonds News

No comments: