Fitch Updates Recovery Analyses for U.S. Auto Suppliers, Aerospace & Defense
and Capital Goods
CHICAGO -- December 21, 2012
Fitch Ratings has published updated recovery analyses for U.S. automotive
suppliers, aerospace and defense issuers and capital goods issuers, including:
--American Axle & Manufacturing Holdings, Inc.;
--The Goodyear Tire & Rubber Company;
--Navistar International Corporation.
The interactive recovery analysis worksheets are available at
'www.fitchratings.com' under the following headers:
Sectors >> Corporate Finance >> Corporates >> Research
Additional information is available at 'www.fitchratings.com'.
The recovery ratings reflect the application of Fitch's current criteria,
which is available on Fitch's website at 'www.fitchratings.com' and
specifically includes the following:
Applicable Criteria and Related Research:
--'Corporate Rating Methodology' (Aug. 8, 2012);
--'Recovery Ratings and Notching Criteria for Nonfinancial Corporate Issuers'
(Nov. 13, 2012).
Applicable Criteria and Related Research: U.S. Auto, Aerospace and Defense,
and Capital Goods Recovery Models ￢ﾀﾔ Third-Quarter 2012
Corporate Rating Methodology
Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers
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COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM
THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Stephen Brown, +1-312-368-3139 (Auto Suppliers)
70 W. Madison St., Chicago, IL 60602
David Petu, +1-212-908-0280 (Aerospace and Defense)
Eric Ause, +1-312-606-2302 (Capital Goods)
Craig Fraser, +1-212-908-0310
Brian Bertsch, +1-212-908-0549
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