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Keyword: investmentgrade
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Ford regains credit rating and blue logo (Investment grade again)
Ford Motor has regained its investment grade rating from Moody’s, triggering the release of all the assets the US carmaker put up to secure its loans, including its iconic blue oval logo. Alan Mulally, Ford chief executive, called the upgrade “an important milestone” for the carmaker, which emerged less scathed than rivals from the 2008 crisis that led to bankruptcy and government bailouts for General Motors and Chrysler.
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