Moody's Upgrades Lear Credit Rating

    Because Lear’s financial situation is expected to continue to improve, Moody’s Investors Service recently raised Lear’s non-investment credit rating by one level from Ba3 to Ba2.

    Moody's also upgraded Lear’s unsecured bond rating to Ba2 and reiterated Lear’s speculative liquidity rating of SGL-2. The rating outlook is stable but may be affected by Lear’s $700 million debt.

    Moody’s stated: “After the reorganization in 2009, Lear improved the cost structure, gradually reduced the debt burden, and the liquidity of funds gradually strengthened. We believe that Lear can achieve continuous sales growth.”

    Founded in 1917, the American Lear Group is one of the world's largest suppliers of automotive interior systems components. It has the highest market share in the world and is the world leader in integrated module technology for automotive interior systems.

    Ganland offer a wide range of spring & shoot bolts, which are excellent for use on trailers, gates, catering vehicles, horse boxes etc and offer a simple quick release option with a strong secure fastening. All spring & shoot bolts are made from high quality material and trained expertise for multiple applications. These spring & shoot bolts are commendably durable and are popular among our customers for their long life and good performance. Ganland spring & shoot bolts are supplied for rich choice, including but not limited to construction: 304 grade stainless steel, steel, mild steel. Finish: polished, galvanized, zinc plated, zinc plating-coloring, black spray molding process. Installation: weld on or bolt on. Dia: 10 mm to 20 mm. Different thickness and lengths. Thank you for considering Ganland for your next purchase, if you are searching for truck / trailer spare parts don`t forget to check our extensive range, high quality and competitive price, OEM and ODM, welcome.

    Spring & Shoot Bolts

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    Jiaxing Ganland Auto Parts Co., Ltd. , http://www.ganlandparts.com

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