(Agency corrects text in the fifth paragraph, the name of the buyer of the 40% shareholding in Rolf's Mitsubishi distribution business as Mitsubishi Corp and not Mitsubishi Motors Corp.) (The following statement was released by the ratings agency) Sept 28 - -- The Russian car retailer Rolf Group has announced an exchange offer for the outstanding notes of its financing vehicle Colgrade. -- We view this as a distressed exchange offering under our ratings criteria. -- We are lowering ...
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