TEXT-Moody's affirms Volkswagen Bank A2/P-1 ratings

Newswire

(The following statement was released by the rating agency.) MOODY'S AFFIRMS A2/P-1 DEBT AND DEPOSIT RATINGS OF VOLKSWAGEN BANK GMBH; THE C+ FINANCIAL STRENGTH RATING REMAINS UNCHANGED; OUTLOOK FOR ALL RATINGS IS STABLE Following the review for downgrade of the A2/P-1 debt ratings of Volkswagen AG NEW YORK, April 27 - Moody's affirmed the A2/P-1 long-term and short-term debt ratings of Volkswagen Bank GmbH. This follows the rating agency's decision to review for possible downgrade the ...

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