TEXT-Moody's revises Volkswagen Bank GmbH ratings outlook

Newswire

(The following statement was released by the ratings agency) MOODY'S CHANGES TO NEGATIVE FROM STABLE THE OUTLOOK ON VOLKSWAGEN BANK GMBH's A1 DEBT AND DEPOSIT RATINGS, FOLLOWING THE OUTLOOK CHANGE AT IS PARENT VOLKSWAGEN FINANCIAL SERVICES; STABLE OUTLOOK ON P-1 SHORT-TERM AND C+ FSR IS AFFIRMED NEW YORK, June 23 - Moody's Investors Service changed to negative from stable the outlook for the A1 debt and deposit ratings for Volkswagen Bank GmbH (VW Bank). This rating action follows the ...

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