TEXT-Moody's cuts GKN Holding's l-t debt ratings

Newswire

(The following statement was released by the ratings agency) MOODY'S DOWNGRADES GKN HOLDING's LONG-TERM DEBT RATINGS TO Baa3 FROM Baa2; THE OUTLOOK IS STABLE Approximately GBP 675 Million of Long-Term Debt Securities Affected NEW YORK, April 26 -- Moody's Investors Service has today downgraded GKN Holding plc's (GKN) senior unsecured ratings to Baa3 from Baa2. The outlook is stable. The downgrade concludes the review of GKN's long-term ratings from March 5, 2003. The Baa3 rating ...

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