TEXT-Moody's cut Visteon Corp's l-t, s-t ratings

Newswire

(The following statement was released by the ratings agency) MOODY'S LOWERS THE DEBT RATINGS OF VISTEON CORPORATION (SENIOR UNSECURED TO Ba1; SHORT-TERM RATING TO NOT PRIME) Approximately $2.1 Billion of Debt Securities Affected. NEW YORK, Dec 23 -- Moody's Investors Service has lowered the long and short term debt ratings of Visteon Corporation (Visteon) to Ba1 and Not Prime from Baa3 and Prime-3, respectively. At the same time a Ba1 senior implied rating was assigned. The rating ...

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