Moody’s affirms Nissan Canada

Moody's Investors Service said it affirmed the A2 senior unsecured rating of Nissan Canada Financial Services Inc.

The outlook is stable.

Nissan Canada Financial is a wholly owned subsidiary of Nissan Canada Inc. (unrated), which is owned by Nissan Motor Co., Ltd. (A2 stable).

Moody’s said the A2 senior unsecured rating of Nissan Canada Financial reflects the implicit and explicit support from its ultimate parent, Nissan Motor. The agency’s analysis also considers the standalone credit profile of Nissan Canada Financial, which it considers to be low-Ba.

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