24.09.2013 21:29:00
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Moody's assigns provisional (P)Aaa (sf) rating to Hollis II 2013-1, Bank of Nova Scotia sponsored unsecured consumer loan ABS
New York, September 24, 2013 -- Moody's Investors Service has assigned a (P)Aaa (sf) rating to the Series 2013-1 Class A notes to be issued by Hollis Receivables Term Trust II ("Hollis II"). Hollis II is a newly formed trust backed by a pool of revolving unsecured Canadian consumer loans sponsored and serviced by The Bank of Nova Scotia ("BNS"). Series 2013-1 is the inaugural issuance of notes from Hollis II.