Fitch Ratings upgrades CNH Industrial's Long-Term Rating by two notches to BBB+
05 January 2022 - 5:30PM
London, January 5, 2022
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI)
announces that on January 4, 2022 Fitch Ratings raised its
Long-Term Issuer Default Rating (IDR) on CNH Industrial N.V. to
‘BBB+’ from ‘BBB-’. Fitch has also upgraded CNH Industrial Finance
Europe S.A.’s senior unsecured rating to ‘BBB+’ from ‘BBB-'. The
Outlook is Stable. The upgrade follows the demerger of Iveco Group
N.V.
CNH Industrial (NYSE: CNHI /
MI: CNHI) is a world-class equipment and services company that
sustainably advances the noble work of agriculture and construction
workers. The Company provides the strategic direction, R&D
capabilities, and investments that enable the success of its five
core Brands: Case IH, New Holland Agriculture and STEYR, supplying
360° agriculture applications from machines to implements and the
digital technologies that enhance them; and CASE and New Holland
Construction Equipment delivering a full lineup of construction
products that make the industry more productive. Across a history
spanning over two centuries, CNH Industrial has always been a
pioneer in its sectors and continues to passionately innovate and
drive customer efficiency and success. As a truly global company,
CNH Industrial’s 35,000+ employees form part of a diverse and
inclusive workplace, focused on empowering customers to grow, and
build, a better world.
For more information and the latest financial
and sustainability reports visit: cnhindustrial.com
For news from CNH Industrial and its Brands
visit: media.cnhindustrial.com
Contacts:
Media RelationsEmail:
mediarelations@cnhind.com
Investor Relations Email:
investor.relations@cnhind.com
- 20220105_PR_CNH_Industrial_Fitch_Ratings
- 20220105_CS_CNH_Industrial_Fitch_Ratings
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Mar 2024 to Apr 2024
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Apr 2023 to Apr 2024