Dec 10 (Reuters) -
* MOODY'S PLACES STATE OF VICTORIA'S AAA RATING ON REVIEW FOR DOWNGRADE
* MOODY'S - SHARP CHANGE IN OUTLOOK FOR VICTORIA'S DEBT FOLLOWS RECESSION THAT WILL UNDERMINE REVENUE, RAISE EXPENSES FOR SEVERAL YEARS
* MOODY'S - REVIEW INDICATES RISKS THAT VICTORIA'S CREDIT PROFILE IS NO LONGER CONSISTENT WITH AAA RATING
* MOODY'S - EXPECT VICTORIA'S NET DIRECT AND INDIRECT DEBT TOEXCEED 200% OF REVENUE IN FY ENDING JUNE 2024