TEXT-Moody's downgrades Nissan to Baa2; outlook stable

Newswire

(The following statement was released by the rating agency) Feb 25 - Moody's Investors Service has downgraded to Baa2 from A3 the long-term issuer rating of Nissan Motor Co., Ltd. (Nissan) and the senior unsecured long-term debt rating of its supported subsidiaries. The company's Prime-2 short term ratings were not affected. The outlook on the ratings is stable. This rating action concludes the review for downgrade initiated on January 14, 2009. The two-notch downgrade has been driven by ...

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