BorgWarner Inc. — Moody’s confirms BorgWarner’s ratings, senior unsecured at Baa1, negative outlook

Moody’s Investors Service, (“Moody’s”) confirmed the senior unsecured rating of BorgWarner, Inc. (“BorgWarner”), at Baa1, and the short-term rating is affirmed at Prime-2. The confirmation of BorgWarner’s Baa1 ratings reflect Moody’s belief that the company’s metrics and credit profile will be solidly positioned by the second half of 2021 as global automotive production recovers from the impact of the coronavirus pandemic and BorgWarner has completed and mostly integrated its planned acquisition of Delphi Technologies PLC.

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