TEXT-Moody's may cut Visteon Corp ratings

Newswire

(The following statement was released by the rating agency) Approximately $3.0 Billion of Debt Securities Affected NEW YORK, May 23 - Moody's Investors Service has placed the Baa2 senior unsecured long-term debt rating and Prime-2 short term debt rating of Visteon Corporation (Visteon) under review for possible downgrade. The rating agency said its review reflects the company's continued weak operating margins and metrics, vulnerability to North American light vehicle build rates and ...

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