TEXT-Moody's may raise American Axle ratings


(The following statement was released by the rating agency) Approximately $920 Million Of Debt Obligations Affected NEW YORK, Nov 21 - Moody's Investors Service placed the ratings for American Axle & Manufacturing, Inc. ("American Axle") on review for possible upgrade. The review action was taken in response to American Axle's steadily increased content per vehicle, strong operating cash flow performance, and meaningful reduction in financial leverage over the past year. The ...

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