Moody's cuts Nissan rating to junk status, keeps negative outlook
Moody's Ratings said on Friday it has downgraded its rating of Nissan Motor's credit by one notch to junk status, citing a weak and worsening outlook for the Japanese automaker's credit profile.
Nissan Downgraded To Junk Status As Tie-up Rumors Run Rampant
Nissan’s debt rating has been reduced to junk status as the automaker faces an assortment of challenges. A Japanese group is reportedly trying to get Tesla to invest, but Elon Musk seemingly downplayed the idea.
Moody’s Cuts Nissan Motor’s Rating to Junk Status
Moody’s said the rating action reflects the Japanese automaker’s weak profitability driven by slowing demand for its aging model portfolio.
Nissan’s (OTHEROTC:NSANY) Bonds Turn to Junk at Moody’s
Moody’s cut Nissan’s senior unsecured debt, reports note, from Ba1 to Baa3, which is “the lowest investment grade” rating the company has. Moody’s also kept a negative rating outlook overall, leaving Nissan’s debt rating at junk status,
Nissan’s Credit Cut to Junk by Moody’s Over Aging Lineup
Nissan Motor Co.’s credit rating was cut to speculative grade by Moody’s Ratings on Friday, the latest blow to the troubled Japanese carmarker that recently abandoned talks on a tie-up with Honda Motor Co.
Moody’s cuts Nissan’s credit to junk
Moody’s has downgraded Nissan Motor’s credit rating, pushing it into junk status and maintaining a negative outlook. The rating agency cites weak financial performance, restructuring risks, and global trade uncertainties.
Nissan cut to junk at Moody's on turnaround risks, cash crunch
Moody's Ratings has downgraded Nissan's (OTCPK:NSANY) credit rating to junk, citing the Japanese automaker's weak profitability, cash flow challenges and worsening outlook. The rating agency pointed to the risks associated with Nissan's (OTCPK:NSANY) restructuring plan,
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