Moody's release on AB Volvofinans and Volvo Auto Bank

Newswire

(The following statement was released by the ratings agency)

June 9 - Moody's Investors Service has today placed on review for possible downgrade the A3 long-term deposit and C Financial Strength Rating (FSR) of AB Volvofinans. Concurrently, Moody's has also placed on review for possible downgrade the A3 long-term deposit rating and C FSR of Volvo Auto Bank Deutschland GmbH, while affirming the P-2 short-term ratings for both issuers. Today's rating actions follow successive ...

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