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Fitch shoots down Moody's over China ABS rating

Moody's 230x150
By Mark Baker
10 Jun 2015

It only took a few deals, but a spat has already blown up between international ratings agencies when it comes to Chinese auto ABS. On Wednesday Fitch issued a strongly worded opinion on why it thinks the latest SAIC-GMAC Automotive Finance deal did not deserve the rating it has received from a competitor.

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By Mark Baker
10 Jun 2015