Moody's trims NR Finance

Moody's Investors Service said it downgraded NR Finance Mexico, SA de CV's backed long-term global local currency senior unsecured debt ratings to Baa1 from A3 and its backed long-term Mexican national scale senior unsecured debt ratings to Aa1.mx, from Aaa.mx. The outlook on the global ratings remains negative.

This rating action follows a similar action taken by Moody's on the ratings of Nissan Motor Acceptance Corp. which, in turn, follows the downgrade of Nissan Motor Co., Ltd.'s ratings.

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