TEXT- Moody's downgrades ratings of auto floorplan deals by GMAC

Newswire

(The following statement was released by the rating agency) Nov 26 - Moody's Investors Service has taken the following ratings actions on dealer floorplan asset-backed notes issued by GMAC LLC : Superior Wholesale Inventory Financing Trust X Class A Notes, including RN1 and RN2, downgraded from Aaa to Aa3, under review for further possible downgrade Class B Notes downgraded from A2 to B2, under review for further possible downgrade Class C Notes downgraded from Baa2 to B3, under ...

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