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Prospect News home > News index > List of issuers V > Headlines for Volvofinans Bank AB > News item |
Moody's could cut Volvofinans
Moody's Investors Service said it placed Volvofinans Bank AB's Baa2 long-term deposit rating, P-2 short-term deposit rating and D+ bank financial strength rating on review for downgrade.
Moody's said the review partly reflects its concerns related to wider pressures on European auto financing groups following the actions taken on Oct. 19.
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