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Prospect News home > News index > List of issuers C > Headlines for Chrysler LLC > News item
Published on 4/30/2009 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's cuts Chrysler PD to D

Moody's Investors Service said it changed the probability-of-default rating of Chrysler LLC to D from C after the company filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code.

The company's corporate family rating is unchanged at C, first-lien secured debt at Ca and second-lien secured debt at C.


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