STANDARD AND POORS ASSIGNS FAURECIA 'BB+' LONG-TERM CREDIT RATINGS WITH STABLE OUTLOOK

Feb 1, 2018,  by Faurecia

Standard & Poors assigns Faurecia their 'BB+' long-term corporate credit ratings, with a stable outlook.

The stable outlook reflects their view that Faurecia will gradually improve its profitability, with an S&P Global Ratings-adjusted EBITDA margin widening toward 9% in 2018 and funds from  operations to adjusted debt within the 35%-40% range.

Read more in S&P Global's press release below

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