S&P cuts Nissan credit rating to 'BB'
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A person walks past the logo of Nissan at its showroom at the company's headquarters in Yokohama, Japan, February 13, 2025. REUTERS/Kim Kyung-Hoon/File Photo
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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