12.11.2013 16:56:00
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Moody's Updates its Rating Methodology on Swap Counterparties in Structured Finance Cash Flow Transactions
London, 12 November 2013 -- Moody's Investors Service has updated its approach to assessing the rating impact of swap counterparties in structured finance cash flow transactions. The application of the new methodology is rating-neutral for most structured finance transactions, but will result in rating actions to a limited number of transactions, particularly those with large exposures to lower-rated counterparties. Where applicable, rating review actions will be released over the next few days.