Article: Moody's downgrades Duerr's ratings.

(ADPnews) - 25 Aug, 2009 - Moody's lowered the issuer rating of German auto painting and assembly systems group Duerr AG (ETR:DUE) to B2 from B1 and cut the assessment of the firm's bonds to Caa1 from B3.

The outlook remained "negative".

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