31.10.2013 13:28:00
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Moody's Determines No Negative Rating Impact Due to Amendment on Delta SPARK Limited
Madrid, October 31, 2013 -- Moody's has determined that the proposed action of Delta SPARK Limited (the "Issuer") to waive the rating trigger breach requiring the swap counterparty to be replaced as well as additional collateral to be posted pursuant to the swap agreement will not, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings of the notes (the "Notes") issued by the Issuer. Moody's opinion address only the credit impact of the proposed action, and Moody's is not expressing any opinion as to whether the action has, or could have, other non-credit related effects that may have a detrimental impact on the interests of note holders and/or counterparties.