Market moves update

Category: ABS CMBS Regulation


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Sector developments and company hires in structured finance

Moody's has downgraded the ratings of  123 tranches, placed on review for upgrade two tranches and affirmed 34 tranches in  84 Italian RMBS auto ABS, consumer loan ABS and consumer CDQ ABS deals . The rating actions were prompted by the rating agency's lowering of Italy's local-currency bond ceiling to Aa3 from Aa2.

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