TEXT-Moody's

Newswire

(The following statement was released by the rating agency) Feb 25 - Moody's Investors Service placed the long- and short-term deposit and debt ratings, and the bank financial strength rating (BFSR) of BMW Bank of North America (BMW Bank) on review for possible downgrade. BMW Bank is rated A2/Prime-1 for long- and short-term deposits and C for BFSR. Moody's said the rating action on BMW Bank was prompted by the recent rating action taken on BMW AG, the ultimate parent company of BMW Bank. ...

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