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Fitch Affirms BorgWarner IDR at BBB+ and outlook stable

Tuesday, 15 Apr 2014 10:03am EDT 

BorgWarner Inc:Fitch Ratings has affirmed BorgWarner Inc's (BWA) long-term Issuer Default Rating (IDR) at BBB+.Fitch has also affirmed BWA's unsecured credit facility and senior unsecured notes ratings at BBB+.In addition, Fitch has assigned BWA a short-term IDR of F2 and assigned a rating of F2 to BWA's commercial paper (CP) program. 

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-2.19 -3.40%
1:36pm EDT