TEXT-Moody's affirms American Tire Distributors ratings


(The following statement was released by the rating agency) $290 million of rated obligations affected Dec 31 - Moody's Investors Service today affirmed American Tire Distributors, Inc.'s ("ATD") debt ratings following the company's December 19, 2008 announcement that it acquired Am-Pac Tire Dist., Inc. from Tokyo-based Itochu Corp. The aggregate purchase price was reported as $75 million less Am-Pac debt repayment, and any net working capital or other adjustments. In a related action, ...

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