TOKYO, Feb 21 (Reuters) - Moody's Ratings said on Friday
it has downgraded its rating of Nissan Motor ( NSANF ) credit by
one notch to junk status, citing a weak and worsening outlook
for the Japanese automaker's credit profile.
The credit-rating firm cut Nissan's ( NSANF ) senior unsecured rating
to Ba1 from Baa3 and maintained its negative outlook.
In a report, senior analyst Dean Enjo cited "risks
associated with the implementation of its new restructuring
plan, the renewal of its aging product range and global trade
policies".
Last month, S&P Global Ratings revised the automaker's
credit outlook to negative and stable and affirmed its BB+
rating.
Last week, Nissan ( NSANF ) ended talks with Honda Motor ( HMC ) for
a possible merger, pitching it deeper into uncertainty.