Fitch Updates Recovery Analyses for U.S. Auto Suppliers, Aerospace & Defense and Capital Goods

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published updated recovery analyses for U.S. automotive suppliers, aerospace and defense issuers and capital goods issuers, including:

--American Axle & Manufacturing Holdings, Inc.;

--Meritor, Inc.;

--The Goodyear Tire & Rubber Company;

--TransDigm Inc.;

--Navistar International Corporation.

The interactive recovery analysis worksheets are available at 'www.fitchratings.com' under the following headers:

Sectors >> Corporate Finance >> Corporates >> Research

Additional information is available at 'www.fitchratings.com'.

The recovery ratings reflect the application of Fitch's current criteria, which is available on Fitch's website at 'www.fitchratings.com' and specifically includes the following:

Applicable Criteria and Related Research:

--'Corporate Rating Methodology' (Aug. 8, 2012);

--'Recovery Ratings and Notching Criteria for Nonfinancial Corporate Issuers' (Nov. 13, 2012).

Applicable Criteria and Related Research: U.S. Auto, Aerospace and Defense, and Capital Goods Recovery Models ￢ﾀﾔ Third-Quarter 2012

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=697679

Corporate Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=684460

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=693773

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