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17.06.2016 18:38:00
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Tower Automotive Holdings USA, LLC -- Moody's says Tower's Share Repurchase Announcement is Credit Negative; Ratings Unaffected
New York, June 17, 2016 -- Tower International, Inc.'s share repurchase authorization is credit negative but does not currently impact Tower Automotive Holdings USA, LLC's B1 Corporate Family Rating nor stable rating outlook. For further information, please see Tower Automotive Holdings USA, LLC's issuer comment dated June 17, 2016 at www.moodys.com.
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