S&P Global Ratings raises its rating on CNH Industrial to Investment Grade
June 16 2017 - 1:30AM
PR Newswire (US)
LONDON, June 16, 2017 /PRNewswire/ -- CNH Industrial N.V.
(NYSE: CNHI / MI: CNHI) announces that on June 15, 2017 S&P Global Ratings raised
its long-term corporate credit rating on CNH Industrial N.V. from
"BB+" to "BBB-". The long-term corporate credit rating of CNH
Industrial Capital LLC was also raised to "BBB-". The short-term
rating of CNH Industrial N.V. was raised from "B" to "A-3". The
outlook of both companies is stable.
CNH Industrial N.V. (NYSE: CNHI /MI:
CNHI) is a global leader in the capital goods sector with
established industrial experience, a wide range of products and a
worldwide presence. Each of the individual brands belonging to the
Company is a major international force in its specific industrial
sector: Case IH, New Holland Agriculture and Steyr for tractors and
agricultural machinery; Case and New Holland Construction for earth
moving equipment; Iveco for commercial vehicles; Iveco Bus and
Heuliez Bus for buses and coaches; Iveco Astra for quarry and
construction vehicles; Magirus for firefighting vehicles; Iveco
Defence Vehicles for defence and civil protection; and FPT
Industrial for engines and transmissions. More information
can be found on the corporate website:
www.cnhindustrial.com
Contacts:
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Investor
Relations
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Corporate
Communications
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CNH
Industrial
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CNH
Industrial
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investor.relations@cnhind.com
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mediarelations@cnhind.com
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SOURCE CNH Industrial N.V.
Copyright 2017 PR Newswire
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