Moody's says may cut Mitsubish Motors rating

Newswire

LONDON, April 23 (Reuters) - Mitsubishi Motors Corporation's (MMC) Ba3 senior debt rating is under review for possible downgrade, Moody's Investors Service said on Friday. The review was prompted by DaimlerChrysler AG's (DCX) announcement that it has decided to not participate in a capital increase planned by MMC and to cease further financial support for the company, the credit rating agency said in a statement.

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