TEXT-Moody's cuts Oxford Automotive's debt ratings


(The following statement was released by the rating agency.) MOODY'S DOWNGRADES OXFORD AUTOMOTIVE'S RATINGS (GTD. SR. SEC. 2ND-LIEN NOTES TO Caa1); OUTLOOK NEGATIVE Approximately $280 Million of Debt Obligations Affected NEW YORK, Feb 24 - Moody's Investors Service lowered the ratings for Oxford Automotive, Inc. ("Oxford Automotive") in connection with new information provided within the company's recent preliminary third quarter earnings press release and conference call, and from ...

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