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2nd, it is considering that The 2 entities the Ambac economic group and MBIA Inc. will difficulty the ABS securities by converting it into AAA ranking and these entities will make sure the fascination and principal payment. This may also enhance the ranking of the Hertz Corporation and therefore they can raise finance at reduced interest level.
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The credit score score in the Hertz Company is BBB and it is expected which the credit history rating will deteriorate further, since the credit score score of the Ford and GM had reduced which may well deteriorate their score likewise.
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