Sun, Feb 26, 2012, 10:00 AM EST - U.S. Markets closed

Fitch Updates Recovery Analyses for U.S. Auto Suppliers and Aerospace and Defense

CHICAGO--(BUSINESS WIRE)-- Link to Fitch Ratings' Report: U.S. Auto and Aerospace Recovery Models -- Third-Quarter 2011
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=663171

Fitch Ratings has published updated recovery analyses for U.S. automotive suppliers and aerospace and defense issuers, including:

--American Axle & Manufacturing Holdings, Inc. (AXL);

--Meritor, Inc. (MTOR);

--The Goodyear Tire & Rubber Company (GT);

--TransDigm Group Inc. (TDG).

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'.

Applicable Criteria and Related Research:

--'Corporate Rating Methodology' (Aug. 12, 2011);

--'Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers' (May 12, 2011).

Applicable Criteria and Related Research:

Corporate Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=647229

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=628489

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Contact:
Fitch Ratings
Primary Analyst (AXL, MTOR, GT)
Stephen Brown, +1-312-368-3139
Senior Director
70 W. Madison St.
Chicago, IL 60602
or
Primary Analyst (TDG)
David Petu, +1-212-908-0280
Director
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Secondary Analyst (AXL, MTOR, GT, TDG)
Craig Fraser, +1-212-908-0310
Managing Director
or
Media Relations
Brian Bertsch, +1-212-908-0549
brian.bertsch@fitchratings.com

 

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