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Moody's does not cut Bear Stearns corporate debt

NEW YORK
Mon Mar 10, 2008 12:28pm EDT

NEW YORK (Reuters) - Moody's Investors Service said on Monday it has not taken any new rating action on Bear Stearns Cos BSC.N corporate debt rating.

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The credit agency's last rating action on the investment firm took place on December 20, 2007, when Moody's cut Bear Stearns' long-term debt rating to "A2" from "A1".

Bear Stearns' current ratings outlook is stable, Moody's said.

(Reporting by Caryn Trokie; Editing by James Dalgleish)



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