TEXT-Fitch cuts Tenneco, ArvinMeritor, American Axle =2

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TEXT-Fitch cuts Tenneco, ArvinMeritor, American Axle =2

Newswire, Dec 22, 2008 2:23 PM

American Axle recently renegotiated its bank agreement on a secured basis, providing more room under its financial covenants. Given the very steep cuts

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