TEXT-Fitch cuts TRW Automotive Hldgs IDR to 'B'

Newswire

(The following statement was released by the rating agency) April 28 - Fitch Ratings has downgraded TRW's (NYSE: TRW) ratings as follows: TRW Automotive Holdings Corp. --Issuer Default Rating (IDR) to 'B' from 'B+'. TRW Automotive Inc. --IDR to 'B' from 'B+'; --Senior secured revolving credit facility to 'BB-/RR2' from 'BB/RR2'; --Senior secured term loan A facility to 'BB-/RR2' from 'BB/RR2'; --Senior secured term loan B facility to 'BB-/RR2' from 'BB/RR2'; --Senior unsecured notes to ...

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