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Continental Rubber of America, Corp. -- Moody's assigns P-2 ratings to CRoA and affirms Continental's Baa1 ratings

Moody's Investors Service ("Moody's") has today assigned short-time Prime-2 (P-2) issuer rating and commercial paper rating to Continental Rubber of America, Corp. (CRoA). Concurrently, Moody's has affirmed the Baa1 issuer rating of Continental AG (Continental, or the group), the ultimate parent company of CRoA.