Fitch cuts Nissan rating to junk status, following Moody's downgrade
Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Fitch downgraded Nissan to junk status due to low profitability, following Moody's similar downgrade. S&P also revised Nissan's outlook to negative.
TOKYO (Reuters) - Fitch Ratings said on Wednesday it has downgraded Nissan Motor's rating to junk-status BB+ from BBB-, referring to the Japanese automaker's "persistently low profitability, with a delayed recovery trajectory against our expectations".
Fitch also maintained a negative outlook for Nissan credit.
The move came after Moody's Ratings last week also cut its rating of Nissan by one notch to non-investment grade Ba1. S&P Global Ratings last month revised the carmaker's credit outlook to negative and affirmed its BB+ rating.
(Reporting by Kantaro Komiya; Editing by Andrew Heavens)
Fitch Ratings downgraded Nissan's rating to junk-status BB+ from BBB-.
The downgrade was attributed to Nissan's persistently low profitability.
Fitch maintained a negative outlook for Nissan's credit.
Moody's Ratings cut its rating of Nissan by one notch to non-investment grade Ba1.
S&P Global Ratings revised Nissan's credit outlook to negative last month.
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