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Ford cut to junk by Moody’s

Ford cut to junk by Moody’s

  • TV-G
  • 2019
  • 2mins
Ford Motor Co.’s plan to spend years and $11 billion restructuring itself was dealt a major setback by Moody’s Investors Service which cut the carmaker’s credit rating to the highest junk rating Ba1. Su Keenan reports on Bloomberg Daybreak: Australia.