DLPH’s ratings reflect the auto supplier’s strong competitive position as a producer of highly-engineered products in the electrical, infotainment, safety, powertrain and thermal segments. The Rating Outlook for DLPH and Delphi Corporation is Stable. The ratings apply to $982 million in secured term loans, a $1.3 billion secured revolving credit facility and $1 billion in senior unsecured notes. A full list of ratings actions follows at the end of this release. July 23 - Fitch Ratings has assigned initial Issuer Default Ratings of ‘BBB-’ to Delphi Automotive PLC (DLPH) and its subsidiary Delphi Corporation. (The following statement was released by the rating agency)
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