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S&P revises outlook on General Motors Financial

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S&P revises outlook on General Motors Financial

Standard & Poor's Ratings Services on April 27 revised itsoutlook on General Motors FinancialCo. Inc. to positive from stable and affirmed its BBB- ratings on thecompany.

S&P said the positive outlook reflects the increased likelihoodfor an upgrade of the company's parent, General Motors Co., within the next 12 monthsdue to very strong credit metrics and improved track record of operational execution.

General Motors Financial is expected to continue its expansionin the coming years, particularly as a significant provider of lease and retailfinancing in the U.S. The rating agency expects General Motors Financial to maintainglobally diversified funding sources and good access to financial markets.

General Motors Financial could transfer funds to its parent intimes of stress over the next 12 to 24 months, which may bolster the parent's liquidity,S&P said.

S&P Ratings and GlobalMarket Intelligence are owned by S&P Global Inc.