TEXT-Moody's may raise Group 1 Automotive's ratings

Newswire

Approximately $200 Million of Debt Affected (Press release provided by Moody's Investors Service) NEW YORK, July 26 - Moody's Investors Service placed the debt ratings of Group 1 Automotive, Inc. on review for possible upgrade. The following ratings were affected by this action: Ba3 senior implied rating; B2 rating of its senior subordinated notes; (P)B1 / (P)B2 / (P)B3 shelf ratings; B1 senior unsecured issuer rating. The review will focus on the improvements in Group 1's credit ...

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