
Nissan now rated ‘junk’ by Fitch, Moody’s, and S&P
On 26 February 2025, Fitch Ratings reduced Nissan’s rating from BB+ to BBB-, making it the second credit ratings agency to do so in less than a week. Five days prior, Moody’s downgraded its rating from Baa3 negative to Ba1 negative. Both ratings are broadly equivalent to each other and indicate ‘non-investment-grade speculative’, or colloquially ‘junk’ status. S&P Global graded Nissan at this level back in March 2023.
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Originally posted on: https://www.automotiveworld.com/articles/nissan-now-rated-junk-by-fitch-moodys-and-sp/