Moody's may cut DTE

Moody's Investors Service said it has placed the Baa3 senior secured rating of DTE Energy Center, LLC under review for possible downgrade.

The review will consider the impact of Chrysler's deteriorating financial condition on the project's rating, the agency said.

The agency noted that the rating of Chrysler Automotive LLC was recently downgraded to Ca reflecting the severe pressure that the decline in U.S. automotive demand and the shift in consumer preference to smaller vehicles have had on the company's liquidity position.

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