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Aug 25, 2005

Lowereds - USA - Ford Motor Debt Ratings Cut to Junk-Bond Levels by Moody's

New York,NY,USA -Bloomberg -Aug. 24 2005: -- Ford Motor Co.'s debt ratings were cut to junk by Moody's Investors Service, the second ratings company to rank the automaker below investment grade this year... Moody's lowered Dearborn, Michigan-based Ford one level to Ba1, one step below investment grade. The cut affects about $150 billion in debt, Moody's said in a statement...

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