S&P cuts Nissan credit rating to 'BB'

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S&P cuts Nissan credit rating to ‘BB’

Fri, Mar 7, 2025 0 Comments

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TOKYO (Reuters) – S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to ‘BB’.

It said that “prospects for a fast improvement in Nissan Motor’s automotive business to levels comparable with similarly rated peers’ are now remote”.

(Reporting by Kantaro Komiya and Kiyoshi Takenaka)

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S&P cuts Nissan credit rating to ‘BB’

TOKYO (Reuters) – S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to ‘BB’. It said that “prospects for a fast improvement in Nissan Motor’s automotive business to levels comparable with similarly rated peers’ are now remote”. (Reporting by Kantaro Komiya and Kiyoshi Takenaka)

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