29.04.2013 16:26:00
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Moody's confirms 3 notes and upgrades 3 notes in 2 Banco Santander Consumer loans ABS transactions
London, 29 April 2013 -- Moody's Investors Service has today confirmed the ratings of three notes and upgraded the ratings of three notes issued by Santander Financiacion 1, FTA (Santander Financiacion 1) and Santander Financiacion 5, FTA (Santander Financiacion 5). High level of credit enhancement, which protects against sovereign and counterparty risk, primarily drove the rating action.